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Nostrum Oil & Gas Adjusts Share Capital with Share Cancellation

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Nostrum Oil & Gas ( (GB:NOG) ) has shared an announcement.

Nostrum Oil & Gas PLC announced the cancellation of 4,136,578 ordinary shares, adjusting its issued share capital to 165,244,983 shares, each with a nominal value of £0.01. This move impacts the company’s total voting rights and is significant for shareholders calculating their interests under the FCA’s Disclosure Guidance and Transparency Rules. The cancellation reflects the company’s ongoing management of its share capital and may influence its market positioning and stakeholder interests.

More about Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent energy company with significant gas processing facilities and an export hub located in north-west Kazakhstan. The company’s shares are traded on the London Stock Exchange under the ticker symbol NOG. Its primary asset is the Chinarevskoye field, operated by its subsidiary Zhaikmunai LLP. Additionally, Nostrum holds an 80% interest in Positive Invest LLP, which manages the Kamenskoe and Kamensko-Teplovsko-Tokarevskoe areas in the West Kazakhstan region.

YTD Price Performance: 12.61%

Average Trading Volume: 131,515

Technical Sentiment Signal: Strong Buy

Current Market Cap: £5.43M

For an in-depth examination of NOG stock, go to TipRanks’ Stock Analysis page.

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