NOSTRUM OIL & GAS PLC provided results of general meeting of shareholders held on April 29, 2022

03.05.22 16:55
/KASE, May 3, 2022/ – NOSTRUM OIL & GAS PLC (United Kingdom), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about results of the annual general meeting of shareholders held on April 29, 2022: 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, announces the results of today’s General Meeting, convened by the Notice of General Meeting dated 13 April 2022. As at the date of the General Meeting, the number of issued shares of the Company was 188,182,958 ordinary shares of £0.01 each. A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution. In respect of the resolution to approve the Restructuring, the total number of votes cast, excluding "Votes Withheld", was 102,184,762 and the percentage of votes cast was 54.30% of the issued share capital. In respect of the resolution to approve the related party transaction, the total number of votes cast, excluding "Votes Withheld", was 68,192,751 and the percentage of votes cast was 36.24% of the issued share capital (reflecting the votes of independent shareholders only). As both of the resolutions were approved, the Company will now proceed with the implementation of the Restructuring by means of the Scheme on the basis of Scenario 1 (as outlined in the circular issued by the Company on 13 April 2022 (the "Circular")). The implementation of the Restructuring remains subject to the satisfaction of certain other conditions precedent as outlined in the Circular. unquote The full information is available on: - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_290422_1.pdf – in Russian; - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_290422_en_1.pdf – in English. [2022-05-03]