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Union Jack Oil Director Increases Stake

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Union Jack Oil Director Increases Stake

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Union Jack Oil ( (GB:UJO) ) has issued an announcement.

Union Jack Oil plc announced that its Non-Executive Director, Craig Howie, has purchased 122,000 ordinary shares at a price of 5.075 pence per share, increasing his total holdings to 3,377,000 shares, which represents 2.21% of the company’s issued share capital. This transaction reflects a vote of confidence in the company’s prospects and may positively influence investor sentiment, potentially impacting the company’s market position and stakeholder interests.

More about Union Jack Oil

Union Jack Oil plc is a company focused on onshore hydrocarbon production, development, exploration, and investment, operating primarily in the UK and USA.

Average Trading Volume: 527,589

Technical Sentiment Signal: Sell

Current Market Cap: £7.18M

For detailed information about UJO stock, go to TipRanks’ Stock Analysis page.

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