/KASE, January 10, 2023/ – 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 January 9, 2023:
quote
Nostrum Oil & Gas PLC (LSE: NOG) (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,
today provides further update regarding the proposed restructuring (the
"Restructuring") of the Group's US$725 million 8.0 % Senior Notes due July 2022
and US$400 million 7.0 % Senior Notes due February 2025, in each case issued
by Nostrum Oil & Finance B.V.
As previously disclosed, a condition to the Restructuring was the receipt of
certain required licences from the relevant sanctioning authorities (or any
confirmations that such licences are not required) necessary to complete the
Restructuring. The Company has now received a licence from The Office of
Financial Sanctions Implementation ("OFSI"), the authority for the
implementation of financial sanctions in the United Kingdom.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_090123.pdf – in
Russian;
-
https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_090123_en_.pdf – in
English.
[2023-01-10]