TIDMJKX

RNS Number : 6205Q

JKX Oil & Gas PLC

22 October 2019

LEI: 213800AS2I1XUAGQ6F27

22 October 2019

JKX Oil & Gas plc

("JKX" or "the Company")

Second 2015 Poltava rental fee claim closed in favour of PPC

As previously reported, in April 2019 the Poltava Circuit Administrative Court found in favour of Poltava Petroleum Company ("PPC"), JKX's Ukrainian subsidiary, in relation to Case No. 816/688/16 and ruled that the relevant tax notification decisions previously issued against PPC were illegal. The decisions were consequently cancelled together with the additional tax liability and associated penalties of approximately UAH58m (approximately US$2.3m in total). The Ukrainian Tax Authorities failed to file a Supreme Court appeal within the required time and the judgement of the Poltava Circuit Administrative Court is now binding.

The cancellation of the relevant tax obligations is now reflected in the integrated electronic tax card of PPC. This is the second 2015 Poltava rental fee claim closed in favour of PPC.

ENDS

JKX Oil & Gas plc +44 (0) 20 7323 4464

Ben Fraser, CFO

EM +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCDFLFLKBFFFBF

(END) Dow Jones Newswires

October 22, 2019 02:00 ET (06:00 GMT)

Grafico Azioni Jkx Oil & Gas (LSE:JKX)
Storico
Da Feb 2024 a Mar 2024 Clicca qui per i Grafici di Jkx Oil & Gas
Grafico Azioni Jkx Oil & Gas (LSE:JKX)
Storico
Da Mar 2023 a Mar 2024 Clicca qui per i Grafici di Jkx Oil & Gas