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Union Jack Oil Director Increases Stake Amid Fundraising

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Union Jack Oil Director Increases Stake Amid Fundraising

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

Union Jack Oil plc announced that its Non-Executive Director, Craig Howie, has purchased an additional 255,000 ordinary shares in the company, following his recent subscription to 3,000,000 shares in a fundraising initiative. This acquisition increases his total holdings to 3,255,000 shares, representing 2.13% of the company’s enlarged issued share capital, potentially signaling confidence in the company’s growth prospects.

More about Union Jack Oil

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

Average Trading Volume: 389,298

Technical Sentiment Signal: Sell

Current Market Cap: £5.43M

For an in-depth examination of UJO stock, go to TipRanks’ Overview page.

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