Inactive Instrument

VOLGA GAS

Equities

VGAS

GB00B1VN4809

Oil & Gas Exploration and Production

Volga Gas plc Announces Board Retirements; Omits to Pay Dividend for 2019 and 2020

April 07, 2020 at 02:00 am EDT

Volga Gas plc previously announced, Ronald Freeman retired from the Board on 31 December 2019. Vladimir Koshcheev has also advised the company of his intention to retire from the Board at the next Annual General Meeting. Similarly, Michael Calvey will be retiring by rotation and this time will not be offering himself for re-election.

The Board is not recommending a final dividend in respect of 2019 and does not expect to declare dividends in 2020.

Latest news about VOLGA GAS

VOLGA GAS : GEM Capital Completes Compulsory Acquisition of Remaining Volga Gas Shares	21-04-28	MT
Volga Gas Delists from London Bourse	21-04-14	MT
GEM Capital completed the acquisition of Volga Gas plc from Nicolas Mathys, Baring Vostok Private Equity Fund IV, L.P., Baring Vostok Private Equity Fund III, L.P., Baring Vostok Investments PCC Limited managed by Baring Vostok Capital Partners Limited and others.	21-03-10	CI
Volga Gas : to Delist From London's AIM in April	21-03-08	MT
Volga Gas : GEM Capital's Takeover Bid for Volga Gas Becomes Unconditional; Acceptances Exceed 92%	21-03-05	MT
Volga Gas plc Announces Production Results for the Month and Year to Date December 2020	21-01-05	CI
Volga Gas : GEM Capital Extends Volga Gas Takeover As Acceptance Level Tops 88%	21-01-05	MT
Volga Gas : Sinks 6% on $25.3 Million Takeover Offer from GEM Capital	20-11-16	MT
GEM Capital made an offer to acquire Volga Gas plc from Nicolas Mathys, Baring Vostok Private Equity Fund IV, L.P., Baring Vostok Private Equity Fund III, L.P., Baring Vostok Investments PCC Limited managed by Baring Vostok Capital Partners Limited and others for £19.2 million.	20-11-15	CI
Volga Gas plc Provided Production & Drilling Update on Its Average Production Volumes for October 2020	20-11-04	CI
Volga Gas plc Announces Exploration Drilling Update	20-10-06	CI
Volga Gas plc Reports Production Results for the Month and Year to Date Ended September 2020	20-10-02	CI
Volga Gas plc Announces Group Production Results for the Six Months Ended June 30, 2020	20-09-30	CI
Volga Gas plc Provides Production Guidance for the Full Year 2020	20-09-30	CI
Volga Gas plc Reports Earnings Results for the Half Year Ended June 30, 2020	20-09-30	CI
Volga Gas Gives Update on Formal Sale Process	20-09-28	CI
Volga Gas plc Reports Production Results for the Month and Year to Date Ended August 2020	20-09-02	CI
Volga Gas plc Reports Production Results for the Month and Year to Date Ended July 2020	20-08-07	CI
Volga Gas Aims to Close Sale by End of September	20-06-26	CI
Volga Gas plc Reports Production Results for the Month and Year to Date Ended May 2020	20-06-02	CI
Volga Gas plc Announces Delay in Publication of 2019 Annual Report	20-05-29	CI
Multiple Parties Seeks to Participate in Formal Sale Process for Volga Gas	20-05-11	CI
Volga Gas plc Reports Production Results for the Month and Year to Date Ended April 2020	20-05-04	CI
Volga Gas Initiates Strategic Review Including Formal Sale Process	20-04-07	CI
Volga Gas plc Announces Board Retirements; Omits to Pay Dividend for 2019 and 2020	20-04-07	CI

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Company Profile

Volga Gas PLC is a United Kingdom-based an independent oil and gas exploration and production company. The Company is engaged in the exploration and production of oil, natural gas and gas condensate. It has 100% interests in five oil and gas exploration and production licences in the Saratov, Volgograd and Bashkiriya regions. The Company operates primarily through subsidiary companies. The Company's subsidiaries include Woodhurst Holdings Ltd, Pre-Caspian Gas Company, Gaznefteservice, Shropak Investments Ltd, Volga Gas (Cyprus) Ltd, Geopotential and Volga Gas Finance Ltd.

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Oil & Gas Exploration and Production

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