REG - Nostrum Oil & Gas - Notice of delayed interest payments on notes

Nostrum Oil & GasAnnouncement

02/01/2026 08:30

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RNS Number : 4387N  Nostrum Oil & Gas PLC  02 January 2026

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF THAT JURISDICTION

London and the Netherlands, 2 January 2026

 

Notification of delayed interest payments on the Senior Secured and Senior
Unsecured Notes

Nostrum Oil & Gas Finance B.V. (the "Issuer"), a wholly-owned subsidiary
of Nostrum Oil & Gas PLC (the "Parent"), was required by 30 June 2025 to
have paid accrued interest in accordance with the terms and conditions of the
Issuer's outstanding notes with ISIN USN64884AF16, US66978CAF95, USN64884AE41
and US66978CAD48 (the "Notes"). The Issuer was subsequently required to have
paid accrued interest on the Notes by 31 December, 2025, and such amount
remains unpaid. The Notes are guaranteed by, among other entities, the Parent.

The delay is the result of the continuing payment administration issue which
currently does not permit the Issuer to make a payment on the Notes through
the clearing systems. The Issuer has applied for the applicable regulatory
licences to make such payment. The delay in the interest payments does not
reflect any issue of the Parent's or Issuer's solvency or liquidity. All
underlying funds for making the interest payments are available and secured.

The Issuer has made the second consent fee payment as set out in the terms of
the previously consummated consent solicitation which shall mean that no
default or event of default is caused by the failure to make the interest
payment on the Notes at this time. Payment of the applicable consent fees
shall be made by the relevant agent to the eligible holders in the coming
days.

Timing

The Parent thanks holders of the Notes for their support and participation
surrounding these third party issues which have affected the interest payment
due on the Notes.

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

 

TEAM
LEWIS
 
 

Galyna Kulachek

+ 44 (0) 20 7802 2664

nostrum@teamlewis.com

 

Notifying person

Thomas Hartnett

Company Secretary

 

About Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent mixed-asset energy company with
world-class gas processing facilities and export hub in north-west Kazakhstan.
Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The
principal producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye
field which is operated by its wholly-owned subsidiary Zhaikmunai LLP, which
is the sole holder of the subsoil use rights with respect to the development
of the Chinarevskoye field. The Company also owns an 80% interest in Positiv
Invest LLP, which holds the subsoil use rights for the "Kamenskoe" and
"Kamensko-Teplovsko-Tokarevskoe" areas in the West Kazakhstan region (the
Stepnoy Leopard fields).

 

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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