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
Disclosure of inside information in accordance with Article 17 of Regulation (EU) 596/2014 (16 April 2014) relating to Nostrum Oil & Gas PLC and Zhaikmunai LLP
Amsterdam, February 16 2018
SATISFACTION OF CONDITIONS TO ZHAIKMUNAI CALL NOTICES
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 Zhaikmunai LLP, its 100% indirectly owned subsidiary, today makes the following announcement of the satisfaction of the conditions to the call notices dated January 18, 2018, for Zhaikmunai LLP's outstanding 6.375% Senior Notes due February 14, 2019 and 7.125% Senior Notes due November 13, 2019:
Notice of satisfaction of call conditions in regard to 6.375% Senior Notes due 2019:
"Notice of Satisfaction of Conditions to Call Notice of Zhaikmunai LLP
(the "Issuer")
Securities |
ISIN / Common Code |
6.375% Senior Notes due 2019 |
Regulation S Notes: CUSIP N64884AA2 ISIN USN64884AA29 Rule 144A Notes: CUSIP 66978CAA0 ISIN US66978CAA09 |
Reference is hereby made to the call notice dated January 18, 2018 (the "Call Notice"), given by the Issuer with respect to the Issuer's outstanding aggregate principal amount of 6.375% Senior Notes due 2019 ("Notes"). The terms not otherwise defined herein shall have the same meanings as given to them in the Call Notice, as applicable.
The Issuer hereby confirms that the Condition to the call set forth in the Call Notice has been satisfied or waived, and the call date for the Notes will be February 17, 2018 ("Call Date").
The call price of the Notes is 100.000% of the principal amount of the Notes to be called, plus accrued and unpaid interest from February 14, 2018, to, but not including, the Call Date (the "Call Price"). The payment of the Call Price will be made on the same day as the Call Date (or the next day thereafter that is not a Legal Holiday). The record date will be the Business Day immediately prior to the Call Date. Settlement may pend satisfactory status of Notes not called (held by the Parent and its Restricted Subsidiaries).
No representation is made as to the correctness or accuracy of the "CUSIP" number, ISIN, or "Common Code" number, if any, listed in such notice or printed on the Notes.
Dated: 16 February 2018
This Notice is given by:
ZHAIKMUNAI LLP, the Issuer.
Enquiries about the above notice should be directed to the Issuer as set out below:
Zhaikmunai LLP
43/1 Alexandr Karev str. Uralsk
090000
Kazakhstan
cc: Nostrum Oil & Gas PLC, 9th Floor, 20 Eastbourne Terrace, London, W2 6LG"
Notice of satisfaction of call conditions in regard to 7.125% Senior Notes due 2019:
"Notice of Satisfaction of Conditions to Call Notice of Zhaikmunai LLP
(the "Issuer")
Securities |
ISIN / Common Code |
7.125% Senior Notes due 2019 |
Regulation S Notes: CUSIP N97716AA7 ISIN USN97716AA72 Rule 144A Notes: CUSIP 98953VAA0 ISIN US98953VAA08 |
Reference is hereby made to the call notice dated January 18, 2018 (the "Call Notice"), given by the Issuer with respect to the Issuer's outstanding aggregate principal amount of 7.125% Senior Notes due 2019 ("Notes"). The terms not otherwise defined herein shall have the same meanings as given to them in the Call Notice, as applicable.
The Issuer hereby confirms that the Condition to the call set forth in the Call Notice has been satisfied or waived, and the call date for the Notes will be February 17, 2018 ("Call Date").
The call price of the Notes is 101.78125% of the principal amount of the Notes to be called, plus accrued and unpaid interest from November 13, 2017, to, but not including, the Call Date (the "Call Price"). The payment of the Call Price will be made on the same day as the Call Date (or the next day thereafter that is not a Legal Holiday). The record date will be the Business Day immediately prior to the Call Date. Settlement may pend satisfactory status of Notes not called (held by the Parent and its Restricted Subsidiaries).
No representation is made as to the correctness or accuracy of the "CUSIP" number, ISIN, or "Common Code" number, if any, listed in such notice or printed on the Notes.
Dated: 16 February 2018
This Notice is given by:
ZHAIKMUNAI LLP, the Issuer.
Enquiries about the above notice should be directed to the Issuer as set out below:
Zhaikmunai LLP
43/1 Alexandr Karev str. Uralsk
090000
Kazakhstan
cc: Nostrum Oil & Gas PLC, 9th Floor, 20 Eastbourne Terrace, London, W2 6LG"
_________
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
+44 203 740 7433
[email protected]
Instinctif Partners - UK
David Simonson
George Yeomans
+ 44 (0) 207 457 2020
Promo Group Communications - Kazakhstan
Asel Karaulova
Irina Noskova
+ 7 (727) 264 67 37
Notifying person
Thomas Hartnett
Company Secretary
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 principal producing asset of Nostrum Oil & Gas PLC 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 Oil & Gas 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 Partnership 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.
