Source - RNS
RNS Number : 4717T
Nostrum Oil & Gas PLC
12 October 2017
 

 

 

 

Amsterdam, 12 October 2017

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS

 

DISCHARGING MANAGERIAL

 

RESPONSIBILITIES AND CONNECTED PERSONS

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Baring Vostok PCC Investments Limited - Guernsey

2

Reason for Notification

a)

Position/status

PCA of Mike Calvey as a director of Nostrum Oil & Gas PLC

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Nostrum Oil & Gas PLC

b)

LEI

2138007VWEP4MM3J8B29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

GB00BGP6Q951

b)

Nature of the transaction

Purchase via arranged transaction trade settled on a free delivery basis.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 3.453405

3,119,990.00

d)

Aggregated information

-     Aggregated volume

-     Price

Aggregate Price(s)

Aggregate Volume(s)

Aggregate Total

USD 3.453405

3,119,990.00

USD 10,774,589.07

e)

Date of the transaction

11 October 2017 (trade and value date)

f)

Place of the transaction

Outside a trading venue - an agreement for BVIL to buy Nostrum shares controlled by creditors to one of Nostrum's shareholders

 

 

LEI: 2138007VWEP4MM3J8B29

 

Further information:

 

For further information please visit www.nog.co.uk 

 

Further enquiries:

 

Nostrum Oil & Gas PLC - Investor Relations

Kirsty Hamilton-Smith

Amy Barlow

[email protected]                                                                                                        

+ 44 (0) 203 740 7430

 

Instinctif Partners - UK

David Simonson

George Yeomans

+ 44 (0) 207 457 2020

 

Promo Group Communications - Kazakhstan

Asel Karaulova                                                                                   

+ 7 (727) 264 67 37

 

About Nostrum

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 principal producing asset of Nostrum is the Chinarevskoye field, in which it holds a 100% interest and is the operator through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Nostrum holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields through the same subsidiary. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are situated approximately 60 and 120 kilometres respectively from the Chinarevskoye 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 Group 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 or 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 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.


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