/KASE, September 2, 2022/ – NOSTRUM OIL & GAS PLC (United Kingdom), whose shares
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press release dated August 31, 2022:
quote
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, informs that, further to the announcement issued by the Company on 26
August 2022 regarding the Scheme Sanction Hearing on 26 August 2022 at which
the Court made an order sanctioning the Scheme (the “Scheme Sanction Order”),
the Scheme Sanction Order has today been lodged with Companies House and
the Scheme shall thereby take effect and bind (amongst other parties) all Scheme
Creditors and the Company by its terms.
The Company is therefore pleased to announce that each of the Scheme
Conditions has been fulfilled or waived in accordance with the terms of the
Scheme and therefore the Scheme Effective Date has occurred. This
announcement constitutes the Scheme Effective Date Notice. The Scheme is now
effective in accordance with its terms and the authorisations, instructions and
obligations thereunder shall bind the Company and all Scheme Creditors thereto.
This includes the imposition of the Scheme Standstill, which will restrict
Noteholders from taking Enforcement Action (and other related actions) in
accordance with the terms described in the Explanatory Statement.
unquote
The complete version of the press release is available on KASE website:
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_310822.pdf – in Russian;
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_310822_en.pdf – in English.
[2022-09-02]