Nostrum Oil & Gas PLC Director/PDMR Shareholding (1374B)

TIDMNOG

RNS Number : 1374B

Nostrum Oil & Gas PLC

18 September 2018

London, 18 September 2018

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                                                      Dehus Dolmen Nominees Limited - Guernsey 
                                                                (Note that Dehus Dolmen Nominees Limited holds the 
                                                                Securities on trust for Baring Vostok Fund 
                                                                IV Supplemental Fund LP and the limited partnerships 
                                                                comprising Baring Vostok Private Equity 
                                                                Fund IV. The managing general partner of these funds 
                                                                is Baring Vostok Fund IV Managers Limited) 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the 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          Ordinary shares of one pence 
      instrument                                                  each in Nostrum Oil & Gas 
      Identification code                                         PLC 
 
                                                                 GB00BGP6Q951 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase arranged via broker on a delivery versus 
                                                                payment basis 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s) GBP   Volume(s)   GBP/USD Rate 
                                                                   2.49           470,790     1.305289 
                                                                                 ----------  ------------- 
                                                                   2.47           1,067,210   1.31291 
                                                                                 ----------  ------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                  Price USD    Volume      Total USD 
                                                                   3.2501721   470,790     1,530,148.52 
       -  Price                                                               ----------  ------------- 
                                                                   3.2428877   1,067,210   3,460,842.18 
                                                                              ----------  ------------- 
                                                                   Total       1,538,000   4,990,990.70 
                                                                              ----------  ------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   Purchase of 470,790 shares on 13 September 2018 
                                                                 Purchase of 1,067,210 shares on 14 September 2018 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  BATF - via Deutsche Bank London 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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

[phone]

[e-mail]

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

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 18, 2018 07:49 ET (11:49 GMT)