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Pin to quick picksNostrum Oil&gas Share News (NOG)

Share Price Information for Nostrum Oil&gas (NOG)

London Stock Exchange
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Share Price: 5.74
Bid: 5.22
Ask: 6.30
Change: 0.08 (1.41%)
Spread: 1.08 (20.69%)
Open: 5.64
High: 5.74
Low: 5.64
Prev. Close: 5.68
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IN BRIEF: Nostrum Oil Says Relationship Agreement With Mayfair Ended

Thu, 04th Feb 2021 14:35

Nostrum Oil & Gas PLC - production, development and exploration in pre-Caspian Basin - Agrees with shareholder Mayfair Investments BV to terminate the relationship agreement as Mayfair's shareholding was reduced to 17% back in May 2020 from just under 26%. As a result, Mayfair will no longer have the right to nominate a director to the company's board. Mayfair's board representative Simon Byrne resigned at the start of January, and Nostrum said at the time Mayfair wasn't planning to nominated a replacement.

Current stock price: 8.10 pence

Year-to-date change: down 11%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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