Company Moves Finance News Oil & Gas

Reabold approval reaches 5.7% for Union Jack offer

Reabold Resources plc said it had received further shareholder acceptances, now reaching 5.7%, as at 26 August 2026 in support of its £6.14 million offer for Union Jack Oil plc. The total represents 8,352,272 Union Jack shares, which at the end of July had 146,565,896 shares in issue. Reabold’s offer remains open until the unconditional […]

Finance News Oil & Gas

Union Jack sets date for requisitioned meeting

Union Jack Oil plc has set the date for a requisitioned general meeting for its shareholders’ vote on the directors’ future and the company’s £6.14 million sale to Reabold Resources plc. MISGUIDED The company initially deferred the general meeting on 26 June 2026 while the offer talks continued and, following a requisition notice on 7 […]

Company Moves News Oil & Gas

Union Jack receives requisition notice for meeting

Union Jack Oil plc has received a requisition notice, dated 7 July 2026, to hold a general meeting to vote on the removal of its three serving directors and appoint two new ones to the board. TIMELINES The company said that the notice was from shareholders who held 20,650,096 ordinary shares in Union Jack, representing […]

Finance News Oil & Gas

Union Jack defers AGM vote on £6.14m offer

Union Jack Oil plc aims to resist opposition to its sale by reconvening its annual general meeting 21 days after publication of Reabold Resources plc’s £6.14 million offer, or that it is declared unconditional. VOTES The announcement on the AGM, adjourned on 26 June, is due five business days after the earlier of the two […]

Company Moves News Oil & Gas

Union Jack director leaves

Union Jack Oil plc non-executive director John Americanos has left the company, “by a resolution of the board with immediate effect,” after just six months in the post. OFFER His vacated office was announced in a single-sentence statement on 26 June 2026. Mr Americanos, who is a Chartered Certified Accountant, took up the post of […]