Purchase and Cancellation of Deferred Shares
Company purchased and cancelled 15.2 billion deferred shares for £1.00.
- Deferred shares cancelled 15,244,344,036
- Consideration paid £1.00
- Ordinary shares issued 169,381,561
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Nostrum Oil & Gas PLC (LSE: NOG) (the "Company") confirms that in accordance with the rights set out in its articles of association, all outstanding deferred shares created in connection with the restructuring, share sub-division and share consolidation of the Company which completed on 9 February 2023 (being 15,244,344,036 deferred shares with a nominal value of £0.001 each) have been purchased for an aggregate consideration of £1.00 by the Company and subsequently cancelled.
In accordance with Disclosure Guidance and Transparency Rule 5.6.1R, the Company notifies the market that following the purchase and cancellation of the deferred shares, the Company's issued share capital as at the date of this announcement comprises 169,381,561 ordinary shares with a nominal value of £0.01 each with each share carrying one vote. The Company holds no treasury shares in its own name.
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