{"id":137772,"title":"Union Jack Oil adjourns AGM as Reabold takeover talks continue","publisher":"Share Talk","author":"sharetalk","published":"2026-06-26T11:16:10+00:00","modified":"2026-06-26T17:46:20+00:00","canonical_url":"https://www.share-talk.com/union-jack-oil-adjourns-agm-as-reabold-takeover-talks-continue/","markdown_url":"https://www.share-talk.com/union-jack-oil-adjourns-agm-as-reabold-takeover-talks-continue.md","json_url":"https://www.share-talk.com/union-jack-oil-adjourns-agm-as-reabold-takeover-talks-continue.json","category":"Energy","categories":["Energy"],"tags":["3D seismic data","Biscathorpe","Biscathorpe-2","Broughton","David Bramhill","development","EDR","Egdon Resources","Egdon Resources U.K","EOG","Europa Oil & Gas","Fiskerton Airfield","gas","Graham Bull","Humber Basin","Humber Oil & Gas Limited","HYDROCARBON","Keddington","Lincolnshire","oil","onshore hydrocarbon","PEDL253 licence","production","side-track","South Humber Basin","UJO","Union Jack Oil","Union Jack Oil plc","Weald Basin","West Newton","West Newton A-2","Wressle","Wressle-1"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/01/ujo-30-jan-25.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"[Union Jack Oil PLC (AIM: UJO)](https://www.investegate.co.uk/announcement/rns/union-jack-oil--ujo/adjournment-of-annual-general-meeting/9639395) has postponed its Annual General Meeting while discussions continue over a possible takeover approach from Reabold Resources.\n\nExecutive Chairman David Bramhill said the AGM, originally scheduled for today, has been adjourned to allow shareholders more time to consider the potential implications of Reabold’s non-binding indicative all-share proposal, which was announced on 15 June.\n\nThe company believes the possible offer could influence how shareholders vote on several AGM resolutions, particularly those relating to the board and management. Bramhill said changes to the company’s leadership at this stage could complicate Reabold’s ongoing acquisition discussions.\n\nNo formal offer has yet been made, and negotiations between the two companies remain ongoing.\n\nUnion Jack Oil said shareholders will be informed of the new AGM date, together with revised voting arrangements, once these have been finalised."}