AIM Rule 26
The information contained within the section of this website is for the purposes of AIM rule 26.
Last updated: May 14th 2012
Description of business
Roxi Petroleum plc is a Kazakhstan based oil and gas exploration and production company established in October 2006. Our strategy is to build a diversified portfolio of oil and gas exploration and production assets in Kazakhstan and Central Asia. Presently we have interests in four exploration and production contract areas spread over three petroleum basins in Kazakhstan. Our shares were admitted to trading on the London Stock Exchange’s AIM market on 22 May 2007.
Link: Description of business
Details of directors
Biographical details for each director can be found under the Board of directors section.
Link: Details of directors
Directors' responsibilities
The Board consists of five directors, two of whom are Independent non-executive Directors. The Company holds a Board meeting at least once per quarter, at which time financial and other reports are considered and, where appropriate, voted on. Apart from regular meetings, additional meetings are arranged when necessary to review strategy, planning, operational, financial performance, risk and capital expenditure and human resource and environmental management. The Board is also responsible for monitoring the activities of the executive management team.
Board committees
Audit Committee
The audit committee’s primary responsibilities is to determine and examine any matters relating to the financial affairs of the Company including the terms of engagement of the Group’s auditors and, in consultation with the auditors, the scope of the audit. The audit committee receives and reviews reports from the management and the external auditors of the Group relating to the annual and interim accounts and the accounting and internal control systems of the Group. In addition it considers the financial performance, position and prospects of the Company and ensures they are properly monitored and reported on. The audit committee comprises Clive Carver and Edmund Limerick and Clive Carver acts as the Chairman.
Remuneration and Nomination Committee
The remuneration and nomination committee’s primary responsibilities is to review the performance of the senior management, set and review their remuneration and the terms of their service contracts and consider the Group’s bonus and option schemes. The remuneration and nomination committee comprises Clive Carver, David Wilkes, Kuat Oraziman and Edmund Limerick and Clive Carver acts as the Chairman.
Country of incorporation:
Roxi Petroleum plc, UK - Company number 5966431
Country of operation:
Roxi Petroleum Kazakhstan LLC - Company number 82087-1910-TOO
Constitutional documents
The Company’s memorandum and articles of association can be viewed here:
Articles of Association (449 Kb PDF)
Revised Articles of Association (586 Kb PDF)
Certificate of Incorporation (380 Kb PDF)
Details of any other exchanges or trading platforms
The Company is not listed on any other exchanges or trading platforms.
Number of securities in issue
609,590,281
| Major Shareholders | No of Shares | % Shareholding |
|---|---|---|
| Kuat Oraziman (1) | 335,165,716 | 54.98 |
| Raditie NV | 37,000,000 | 6.07 |
| Lynchwood Nominees Limited | 27,368,416 | 4.49 |
| Arawak Energy Bermuda Ltd (2) | 24,168,721 | 3.96 |
| Total | 423,702,853 | 69.51 |
(1) Kuat Oraziman's interests comprise his direct holdings together with shares held by Vertom International NV (141,958,273) and Baverstock GmbH (98,000,000)
(2) Previously known as Arawak Energy Kazakhstan BV
Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities
Financial information
Please click on the link below for access to the Company's annual and half-year reports.
Link: Financial information
Company announcements
Please click on the link below to view a full list of Regulatory News Announcements (RNS)
Link: Company announcements
Admission document
Admission Document (2 Mb PDF)
Roxi Petroleum Plc - IPO and Admission to AIM (58 Kb PDF)
Advisers
Nominated Adviser and Broker Solicitors McCarthy Tetrault Chadbourne & Parke LLP Auditors | Share Register Public Relations Principal Banker London Registrars 4th Floor, Haines House 21 John Street London WC1N 2BP |
