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Nostrum Oil & Gas PLC - Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin - Says Tengri Partners (Kazakhstan) LLP has lowered its stake in the company to 2.03% from 20.34%. Tengri now holds 3.8 million voting rights. On Friday, Nostrum said 150.6 million new shares had been admitted to trading on London Stock Exchange following a restructuring. On Thursday, the company said it completed the restructuring of its $725 million 8.0% senior notes due July 2022, and $400 million 7.0% senior notes due February 2025. Current stock price: 25.00 pence, up 19% in London on Monday morning 12 month change: down 94% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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