Approval received for ASX delisting process

Posted on 21 April 2016

New Zealand Oil & Gas has sent the attached circular to shareholders on its Australian register following approval from the ASX for its delisting from the official list of the Australian exchange.

The circular provides detail for shareholders about the delisting process, including a timetable for delisting and explanation of how shareholders can continue to trade shares in the company on the NZX.

Trading of NZO shares on the ASX will be suspended from close of trading on 24 May 2016, and the stock will be removed from the official list on close of trading on 31 May 2016.

New Zealand Oil & Gas announced on 1 April that it had applied for removal from the official list of ASX.

NZO shares will continue to trade on the New Zealand exchange, NZX, and will continue to be subject to the relevant corporate and securities laws of New Zealand as well as the rules and regulations of the Financial Markets Authority.