Last checked at 22 Dec 2023 11:22
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
Further enquiries:
Nostrum Oil & Gas PLC
Petro Mychalkiw
Chief Financial Officer
ir@nog.co.uk
Instinctif Partners - UK
Guy Scarborough
Vivian Lai
+ 44 (0) 207 457 2020
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.