17 October 2018
JKX Oil & Gas plc ("JKX" or "the Company")
Update on 2015 Poltava Tax Cases
In relation to one of the 2015 PPC Rental Fee claims, a hearing held on 16 October 2018 was adjourned to 8 November 2018 to enable the tax authorities to have further time to submit their objections against PPC`s motion on the conduct of tax economic expert evidence.
This claim relates to additional tax liability and associated penalties of approximately UAH 73m (USD 2.6m).
For more information:
EM Communications +44 (0) 20 7002 7860
Stuart Leasor, Jeroen van de Crommenacker
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