NOSTRUM OIL & GAS PLC (United Kingdom) announces entering into mutual liability release agreement with BTA Bank JSC

01.02.18 17:19
/KASE, February 1, 2018/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided the KASE with press release dated January 18, 2018, which states that quote on 31 January 2018 the Company and BTA Bank JSC entered into a mutual release (the “Release”) of any and all claims that either party had or may hereafter have arising out of or connected with any alleged relationship between Claremont Holdings Limited and Claremont Holdings C.V., Frank Monstrey and Mukhtar Ablyazov or entities he controls (the “Dispute”), any legal proceedings commenced by BTA Bank JSC against Mukhtar Ablyazov and various other defendants and the underlying facts and circumstances relating to the Dispute or such proceedings. unquote Full version of the press release is posted on the KASE website: - http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_010218_1.pdf – in Russian; - http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_010218_en.pdf – in English. [2018-02-01]