Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
(AIM: UJO)
Wressle Planning Decision
Union Jack holds an 15% interest in both licences.
Egdon's RNS contained the following information:
Egdon Resources plc (AIM:EDR) announces that the
"We are very disappointed by the decision of the Committee that goes against the positive recommendation of their Planning Officer which was determined after an extensive and thorough review of our proposals
Our business has been operating exploration and production sites in a safe and environmentally sensitive manner across the region for many years, engaging with communities, employing local people and investing in the local supply chain.
We will now take time to consider our options including the ongoing appeal process already underway."
For further information, please contact:
David Bramhill
SP Angel Corporate Finance LLP +44 (0)20 3470 0470
Nominated Adviser and Joint Broker
Lindsay Mair
Stephen Wong
Richard Hail
Turner Pope Investments (TPI) Ltd +44 (0)20 3621 4120
Joint Broker
Ben Turner
James Pope
This information is provided by RNS