Legal News Oil & Gas

Union Jack notes withdrawn second requisition notice

Union Jack Oil plc said that a second purported requisition notice, dated 19 January 2026 at 5.19pm, from former director Craig Howie, was withdrawn before the market had opened.

Assets: company owns oil and gas interests onshore UK and USA (Pixabay)

HOLDINGS

The company reviewed the notice and took legal advice but “did not consider the second purported notice to be valid”.

The notice, withdrawn on 20 January at 7.16am, follows the first one dated Sunday 18 January.

Mr Howie is also subject of a second TR-1 notification, stating that on 19 January, shareholder Platform Securities Nominees Ltd increased its holdings from 5.24% to 6.09%.

His beneficial holding in Union Jack is, via Killik & Co LLP, held on his behalf by Platform Securities Nominees Ltd.

The transaction was completed in Liverpool.

Union Jack owns oil and gas interests onshore UK and USA.