REG - Nostrum Oil & Gas - Admission to trading on LSE & total voting rights

Nostrum Oil & GasAnnouncement

10/02/2023 08:00

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RNS Number : 5682P  Nostrum Oil & Gas PLC  10 February 2023

 

London, 10 February 2023

 

Admission to trading on the London Stock Exchange and total voting rights

Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or the "Company" and together
with its subsidiaries, the "Group"), an independent oil and gas company
engaging in the production, development and exploration of oil and gas in the
pre-Caspian Basin, announces that further to its announcement on 9 February
2023 relating to it completing the Restructuring, 150,563,304 new Ordinary
Shares have been admitted to the standard listing segment of the Official List
of the Financial Conduct Authority and to trading on the London Stock Exchange
under the ticker symbol "NOG.L".

Total Voting Rights and Share Capital

The terms of the Restructuring included the sub-division and consolidation of
the ordinary share capital of the Company following the issue of the New
Shares on 9 February 2023. This sub-division and share consolidation occurred
after close of business on 9 February 2023 and resulted in the number of
Ordinary Shares on issue being reduced from approximately 1,693.8 million
Ordinary Shares (following the issue of the New Shares yesterday) to
approximately 169.4 million Ordinary Shares on the basis of a 10:1
consolidation of ordinary shares.

In accordance with its obligations under the FCA's Disclosure Guidance and
Transparency Rules (the "DTRs"), Nostrum hereby confirms that, as at the date
of this announcement, the Company's total number of voting rights and capital
consist of 169,381,561 ordinary shares each in issue with voting rights, none
of which are held in treasury.

The figure of 169,381,561 may be used by shareholders as the denominator for
any calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
DTRs.

 

Overview of the Restructuring

 

Further details of the Restructuring are contained in the prospectus dated 14
October 2022 (as supplemented) which is available on the Company's website at
https://www.nostrumoilandgas.com/investors/documents-circulars/
(https://www.nostrumoilandgas.com/investors/documents-circulars/) .

 

Capitalised terms used but not defined in this announcement have the meaning
given to them in the Explanatory Statement, which is available to the Scheme
Creditors on the Scheme Portal (accessible via the Scheme Website at
https://glas.agency/investor_reporting/nostrum-oil-gas-plc/
(https://glas.agency/investor_reporting/nostrum-oil-gas-plc/) ).

 

LEI: 2138007VWEP4MM3J8B29

 

Further information

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

 

Further enquiries:

Nostrum Oil & Gas PLC

Thomas Hartnett - Chief Legal Officer / Company Secretary

ir@nog.co.uk

 

GLAS Specialist Services Limited

Information Agent

+44 20 3597 2940

lm@glas.agency (mailto:lm@glas.agency)

 

Rothschild & Co Cie.

Simon Bard

Giovanni Salvetti

+33 1 40 74 40 74

Newport.dl@rothschildandco.com (mailto:Newport.dl@rothschildandco.com)

 

White & Case LLP

Allan Taylor (ataylor@whitecase.com (mailto:ataylor@whitecase.com) )

James Greene (jgreene@whitecase.com (mailto:jgreene@whitecase.com) )

Will Stoner (will.stoner@whitecase.com (mailto:will.stoner@whitecase.com) )

+44 (0) 207 532 1000

WCProjectNewport@whitecase.com (mailto:WCProjectNewport@whitecase.com)

 

Instinctif Partners - UK

Tim McCall

Galyna Kulachek

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 the Kazakhstan Stock Exchange (ticker symbol: GB_NTRM). The
principal producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye
field, that is being operated by a wholly-owned subsidiary of Nostrum Oil
& Gas PLC - Zhaikmunai LLP, who is the sole holder of the subsoil use
rights with respect to the development of the field.

 

Forward-Looking Statements

 

Some of the statements in this document are forward-looking. Forward-looking
statements include statements regarding the intent, belief and current
expectations of the Company or its officers with respect to various matters.
When used in this document, the words "expects", "believes", "anticipates",
"plans", "may", "will", "should" and similar expressions, and the negatives
thereof, are intended to identify forward-looking statements. Such statements
are not promises nor guarantees and are subject to risks and uncertainties
that could cause actual outcomes to differ materially from those suggested by
any such statements.

 

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.

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