NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF THAT JURISDICTION
FOR
IMMEDIATE RELEASE
London, 3 June 2024
Board
Changes
Nostrum Oil & Gas PLC (LSE: NOG)
("Nostrum", or the
"Company" and together with
its subsidiaries, the "Group"), an independent mixed-asset
energy company with world-class gas processing facilities and
export hub in north-west Kazakhstan, today announces the
resignation of Mr Chris Cox from the Board of Directors of the
Company effective 31 May 2024. Mr Cox is leaving the Nostrum Board
due to increased professional commitments following his appointment
as the Chief Executive Officer of Serica Energy plc effective 1
July 2024.
The Board takes this opportunity to
express its appreciation for the commitment and invaluable
contributions made by Mr Cox during his tenure on the Nostrum Board
and wishes him the very best in his future endeavours.
As a consequence of Mr Cox's
resignation, AGM Resolution 5 "To reappoint Mr Cox as a director of
the Company" will be withdrawn from the resolutions to be put to
the Company's AGM on 5 June 2024.
The Company will commence a search
for an additional independent non-executive director to be
appointed to the Board, taking into consideration Nostrum's Board
diversity goals, and will make any further Board announcements as
appropriate.
LEI: 2138007VWEP4MM3J8B29
Further information
For further information please
visit www.nostrumoilandgas.com
Further enquiries
Nostrum Oil & Gas PLC
Petro Mychalkiw
Chief Financial Officer
ir@nog.co.uk
Instinctif Partners -
UK
Guy Scarborough
Vivian Lai
+ 44 (0) 207 457 2020
nostrum@instinctif.com
About Nostrum Oil &
Gas
Nostrum Oil & Gas PLC is an
independent oil and gas company currently engaging in the
production, development and exploration of oil and gas in the
pre-Caspian Basin. Its shares are listed on the London Stock
Exchange (ticker symbol: NOG). The producing asset of Nostrum Oil
& Gas PLC is the Chinarevskoye field, which is operated by
Zhaikmunai LLP, a wholly-owned subsidiary of Nostrum Oil & Gas
PLC and the sole holder of the subsoil use rights with respect to
the development of the field.
Forward-Looking
Statements
Some of the statements in this
document are forward-looking. Forward-looking statements include
statements regarding the intent, belief and current expectations of
the Company or its officers with respect to various matters. When
used in this document, the words "expects", "believes",
"anticipates", "plans", "may", "will", "should" and similar
expressions, and the negatives thereof, are intended to identify
forward-looking statements. Such statements are not promises nor
guarantees and are subject to risks and uncertainties that could
cause actual outcomes to differ materially from those suggested by
any such statements.
No part of this announcement
constitutes, or shall be taken to constitute, an invitation or
inducement to invest in the Company or any other entity, and
shareholders of the Company are cautioned not to place undue
reliance on the forward-looking statements. Save as required by the
relevant listing rules and applicable law, the Company does not
undertake to update or change any forward-looking statements to
reflect events occurring after the date of this
announcement.