Union Jack Oil appoint Shore Capital as joint broker

Union Jack Oil - West Brentwood

Union Jack Oil plc (LON:UJO) a UK focused onshore hydrocarbon production, development and exploration company has announced the appointment of Shore Capital as Joint Broker to the Company, with immediate effect.

SP Angel will continue as Nominated Adviser and as Joint Broker to Union Jack.

Executive Chairman of Union Jack commented: “Following a period of strong growth, which has transformed Union Jack into a cash generative producer with a robust balance sheet and no debt, we are delighted to add Shore Capital to our roster of advisers.

“Shore Capital enjoys a strong reputation in the AIM E&P sector and we are confident that this appointment will enhance and broaden Union Jack’s profile amongst institutional investors in particular.”

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