PJSC Sberbank : NOSTRUM OIL & GAS PLC sent explanatory statement to creditors regarding Scheme of Arrangement

NOSTRUM OIL & GAS PLC sent explanatory statement to creditors regarding Scheme of Arrangement

22.06.22 16:23

/KASE, June 22, 2022/ - 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 June 21, 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 that, further to the announcement dated 11 May 2022 in respect of the practice statement letter distributed on the same date to the Scheme Creditors (the "Practice Statement Letter") and the announcements dated 15 and 17 June 2022 regarding a hearing at which the Company sought permission to convene the Scheme Meeting, the Court has made an order granting the Company permission to convene the Scheme Meeting. The Company has today issued an explanatory statement to the Scheme Creditors, providing further details in respect of the Scheme and the Restructuring (the "Explanatory Statement"). The Explanatory Statement is available only to those Scheme Creditors entitled by applicable law or regulation to receive it and can be accessed via the Scheme Portal (accessible via the Scheme Website at: https://glas.agency/investor_reporting/nostrum-oil-gas-plc/ ). unquote The full press release is available on KASE website: - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_210622.pdf - in Russian; - https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_relizs_%20210622_en.pdf - in English. [2022-06-22]