REG - Nostrum Oil & Gas - Suspension of listing of Shares

Nostrum Oil & GasAnnouncement

02/05/2023 09:00

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RNS Number : 0915Y  Nostrum Oil & Gas PLC  02 May 2023

 

 

FOR IMMEDIATE RELEASE

 

London, 2 May 2023

 

Suspension of listing of Shares

Nostrum Oil & Gas PLC (LSE: 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, further to its announcement of
28 April 2023 and following consultation with the FCA, the Company has
requested that the listing of its ordinary shares be suspended with effect
from 7.30 a.m. on 2 May 2023 pending publication of its Annual Report and
Financial Statements for the financial year ended 31 December 2022 (the "2022
Annual Report").

The Company intends to request that the suspension from trading be lifted with
the publication of the 2022 Annual Report in due course.  As announced on 28
April 2023 the Company plans to publish the 2022 Annual Report on 31 May 2023
following the appointment of new auditors in March 2023.

Notwithstanding the suspension of trading in the Company's ordinary shares,
the Company will continue to make announcements as and when there are any
developments that require announcement in accordance with its obligations
under the Listing Rules, the UK Market Abuse Regulation and the Disclosure
Guidance and Transparency Rules.

 

LEI: 2138007VWEP4MM3J8B29

 

Further information

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

 

Further enquiries:

Nostrum Oil & Gas PLC

Ulugbek Makhmadiyarov - Head of Finance

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

 

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 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.

 

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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