Funding difficulties, a tax problem and operational failuresand delays are also alleged by the Eclairs Group which also wants fellow shareholdersto give Eastern Europe-focused JKX’s commercial director the boot.

Eclairs, which says it is the largest shareholder in JKXwith a 27.55% stake, has called in an open letter on Thursday for stockholdersto vote against the re-election of chief executive Paul Davies in an upcomingannual general meeting (AGM) scheduled for 5 June.

Eclairsdirector