OREANDA-NEWS. NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release:

"...Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, refers to the announcement on 30 January that KazStroyService Global B.V. ("KSS Global") has transferred its 50 million ordinary shares in Nostrum as follows: (a) 48,333,300 shares to Mayfair Investments B.V. ("Mayfair"), a company indirectly owned by KSS Global's three principal shareholders, and (b) 1,666,700 shares to KSS Global's other current shareholder.

In connection with such transfer Mayfair has entered into a Deed of Adherence with Nostrum pursuant to which Mayfair has undertaken to Nostrum to be bound by the relationship agreement dated 19 May 2014 between KSS Global and Nostrum in all respects and to observe and perform all of the provisions and obligations of such relationship agreement previously applicable to or binding on KSS Global in so far as they fall to be observed or performed on or after the date of the transfer.

Nostrum's Chairman, Frank Monstrey, stated: "We are pleased that the principal shareholders of KazStroyService Global B.V. are continuing their shareholding in Nostrum Oil & Gas PLC through Mayfair Investments B.V. and that the relationship agreement previously signed between Nostrum and KazStroyService Global B.V remains effective as between Nostrum Oil & Gas PLC and Mayfair Investments B.V.".