/KASE, August 26, 2020/ – 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 26, 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 Nostrum is engaged in
advanced discussions with the financial and legal advisers to a steering committee
of holders of the Notes, namely PJT Partners (UK) Limited and Akin Gump Strauss
Hauer & Feld, respectively, with a view to entering into a forbearance agreement
with certain holders of the Notes in relation to the interest payments referred
to below, which Nostrum believes is in the best interest of all stakeholders. If
and once such forbearance agreement is entered into, Nostrum will make an
announcement inviting all other holders of its Notes (as defined below) to join
that agreement within a specified period of time.
unquote
Full press release is available at:
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_260820_1.pdf – in Russian;
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_260820_eng_1.pdf – in
English.
[2020-08-26]