JKX Oil & Gas PLC Further update on police investigation in Poltava (0857F)
25 July 2016 - 4:00PM
UK Regulatory
TIDMJKX
RNS Number : 0857F
JKX Oil & Gas PLC
25 July 2016
25 July 2016
JKX Oil & Gas plc ('JKX' or the 'Company')
Further update on police investigation in Poltava
Further to our press release of July 13 2016, JKX Oil & Gas
plc reports that the local police investigation in Poltava is
continuing. JKX's Ukrainian subsidiary, Poltava Petroleum Company
('PPC'), continues to receive information requests from local
police in connection with the criminal investigation of alleged
misappropriation of funds linked to PPC's activities following
police searches of PPC offices and homes of two of its executives
on June 14 2016.
PPC continues to cooperate with the investigation although the
scope of the investigation appears to have broadened from the
original search warrant.
JKX has now referred the matter to the British and US Embassies
in Kyiv and has asked for their assistance in engaging with the
relevant authorities to resolve the situation.
Further announcements on this subject will be made as and when
appropriate.
For further information please contact EM:
Stuart Leasor
leasor@em-comms.com
T: +44 20 3709 5711
M: +44 7703 537721
Jeroen van de Crommenacker
crommenacker@em-comms.com
T: +44 20 3709 5713
M: +44 7887 946719
This information is provided by RNS
The company news service from the London Stock Exchange
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