NOSTRUM OIL & GAS PLC (United Kingdom) announces legal settlement of dispute between Claremont and BTA Bank

14.06.17 09:46
/KASE, June 14, 2017/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of June 13, 2017: 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, refers to the announcement by BTA Bank of this morning. Reference is also made to the announcements by the Company of 20 March 2017 and of 9 June 2017 and the related announcements by Claremont Holdings Limited and Claremont Holdings C.V. of 20 March 2017. The Company notes that the Claremont entities and BTA Bank have reached a settlement and welcomes BTA Bank as a new shareholder. unquote The full press release is available on KASE website (in Russian) – http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_130617_1.pdf [2017-06-14]