RCS - Nostrum Oil & Gas - Proposed delisting of ordinary shares from the AIX

Nostrum Oil & GasAnnouncement

22/12/2023 11:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231222:nRSV8068Xa&default-theme=true

RNS Number : 8068X  Nostrum Oil & Gas PLC  22 December 2023

 

 

 

 

London, December 22, 2023

 

 

Announcement regarding the proposed delisting of the Company's ordinary shares
from the Official List of the Astana International Exchange

Nostrum Oil & Gas PLC (LSE, AIX: NOG) (the "Company"), an independent oil
and gas company engaging in the production, development and exploration of oil
and gas in the pre-Caspian Basin, announces that on December 22, 2023 it
submitted an application to the Astana International Exchange Limited (the
"AIX") for the delisting of the Company's ordinary shares (the "Shares") from
the AIX Official List (the "AIX Delisting").

It is expected that the AIX Delisting will become effective after market close
on February 21, 2024.  The last day of trading of the Shares on the AIX is
expected to be January 22, 2024. After the dates hereof, the Shares will no
longer be listed and traded on the AIX. Listing on the AIX was required under
the then-in-force security market regulations of Kazakhstan in connection with
the restructuring of the Company's debt, which completed earlier in 2023. Due
to changes to these regulations, this listing is no longer required.

The Company will continue to maintain its primary listing on the London Stock
Exchange (ticker symbol: NOG).

 

LEI: 2138007VWEP4MM3J8B29

 

Further information

For further information please visit www.nostrumoilandgas.com
(http://www.nostrumoilandgas.com)

 

Further enquiries:

Nostrum Oil & Gas PLC

Petro Mychalkiw

Chief Financial Officer

ir@nog.co.uk (mailto:ir@nog.co.uk)

 

Instinctif Partners - UK

Guy Scarborough

Vivian Lai

+ 44 (0) 207 457 2020

nostrum@instinctif.com (mailto:nostrum@instinctif.com)

 

Notifying person

Thomas Hartnett

Company Secretary

 

About Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent oil and gas company currently
engaging in the production, development and exploration of oil and gas in the
pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker
symbol: NOG) and, subject to the above, the Astana International Exchange
(ticker symbol: NOG). The principal producing asset of Nostrum Oil & Gas
PLC is the Chinarevskoye field, which is operated by Zhaikmunai LLP, a
wholly-owned subsidiary of Nostrum Oil & Gas PLC and the sole holder of
the subsoil use rights with respect to the development of the field.

 

No part of this announcement constitutes, or shall be taken to constitute, an
invitation or inducement to invest in the Company or any other entity, and
shareholders of the Company are cautioned not to place undue reliance on the
forward-looking statements. Save as required by the relevant listing rules and
applicable law, the Company does not undertake to update or change any
forward-looking statements to reflect events occurring after the date of this
announcement.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAZZMZZMZGGFZM