On April 29, general meeting of shareholders of NOSTRUM OIL & GAS PLC will be held

15.04.22 11:44
/KASE, April 15, 2022/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique dated April 13, 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, announces that the Financial Conduct Authority has today approved the Company's shareholder circular (the "Circular") in relation to the proposed restructuring of the Group's US$725 million 8.0% Senior Notes due July 2022 and the US$400 million 7.0% Senior Notes due February 2025 as announced on 13 April 2022 (the "Restructuring"), and the related party transactions with ICU Holdings Limited ("ICU") in respect of certain new ordinary shares in the capital of the Company to be issued to ICU pursuant to the Restructuring (the "RPT Arrangements"). The Company has today published the Circular, which will be sent or made available to the Company's shareholders shortly. The Circular contains further information on the Restructuring and the RPT Arrangements and a notice convening a General Meeting of the Company's shareholders at 10:00 a.m. on 29 April 2022 at the offices of White & Case LLP, 5 Old Broad Street, London, EC2N 1DW (the "General Meeting"), to consider and approve the resolutions in respect of the Restructuring and the RPT Arrangements. Completion of the Restructuring is conditional upon, amongst other things, the approval of the Company's shareholders and requires shareholders who together represent at least threequarters of the Company's shares voted at the General Meeting to vote to approve the special resolution to be put to the General Meeting. The RPT Arrangements are conditional upon the approval of independent shareholders and require the Company's shareholders (other than ICU and its associates) who together represent a simple majority of the shares of such independent shareholders voted at the General Meeting to vote to approve the ordinary resolution to be put to the General Meeting. unquote The complete notice is available on KASE website: - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_130422_1.pdf – in Russian; - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_%20130422_2en.pdf – in English. [2022-04-15]