NOSTRUM OIL & GAS PLC announces changes to Remuneration Committee and Audit Committee Composition

28.01.20 09:45
/KASE, January 28, 2020/ – NOSTRUM OIL & GAS PLC (London), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of January 27, 2020: quote Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces that Kaat Van Hecke has stepped down as a member of the Board's Remuneration Committee and Audit Committee and Martin Cocker has been appointed as a member of the Remuneration Committee, effective immediately. These changes to the composition of Nostrum's Remuneration Committee and Audit Committee have been made following the appointment of Kaat Van Hecke as Chief Executive Officer on 16 December 2019 to ensure that both committees are comprised solely of independent non-executive directors, thereby ensuring that the Company is in full compliance with Provisions 24 and 32 of the UK Corporate Governance Code. unquote The complete press release is available on KASE website: - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_270120_1.pdf – in Russian; - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_270120_en.pdf – in English. [2020-01-28]