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Nostrum Oil & Gas PLC - oil and gas exploration and production company which operates in Kazakhstan - As previously announced, wholly-owned subsidiary Nostrum Oil & Gas Finance BV was required by June 30 to have paid accrued interest on certain outstanding notes guaranteed by Nostrum Oil & Gas PLC. As the interest has not been paid, Nostrum Oil & Gas Finance BV launches a consent solicitation with respect to the ‘event of default’ as specified in the note terms. Regarding the senior unsecured notes, the required quorum for the noteholders meeting has not been satisfied. As a result, the meeting will now take place on the October 6. Current share price: 3.27 pence, closed down 7.4% in London on Wednesday 12-month change: down 13% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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