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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
New World Oil | LSE:NEW | London | Ordinary Share | JE00B65FK239 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.06 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNEW
RNS Number : 5736P
New World Oil & Gas
08 June 2015
For immediate release 8 June 2015
New World Oil and Gas Plc
('New World' or 'the Company')
Holding(s) in Company
The Board of New World announces that on 5 June 2015 the Company received the following TR-1 notification which is set out below without amendment.
In light of recent uncertainty regarding, and the continuing suspension of, trading in the Company's shares, the Board will be monitoring its shareholder register with a view to seeking to confirm if the persons named in this notification appear on that register, and may make a further announcement in due course.
Cautionary statement
Given the continuance of commentary on unauthorised and unregulated websites, investors and shareholders are warned to exercise caution in dealing in the Company's shares and if in any doubt seek the advice of a person duly authorised and regulated by the Financial Conduct Authority.
Enquiries: Georges Sztyk New World Oil and Tel: +1 646 407 Gas Plc 9946 Peter Sztyk New World Oil and Tel: +1 917 215 Gas Plc 7122 Felicity Geidt Beaumont Cornish Tel: +44 (0) 20 Limited 7628 3396 Roland Cornish Beaumont Cornish Tel: +44 (0) 20 Limited 7628 3396 Lottie Brocklehurst St Brides Partners Tel: +44 (0) 20 Ltd 7236 1177 Frank Buhagiar St Brides Partners Tel: +44 (0) 20 Ltd 7236 1177 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) ------------------------------------------------------------------------------------------------------ 1. Identity of the issuer or NEW WORLD OIL & GAS plc the underlying issuer of existing shares to which voting rights are attached: (ii) ------------------------------------------------------------- --------------------------------------- 2 Reason for the notification (please tick the appropriate box or boxes): ------------------------------------------------------------------------------------------------------ An acquisition or disposal of voting rights -------------------------------------------------------------------------------------------------- An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached -------------------------------------------------------------------------------------------------- An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments -------------------------------------------------------------------------------------------------- An event changing the breakdown of voting rights -------------------------------------------------------------------------------------------------- Other (please Agreement for a concerted exercise x specify): of voting rights ------------------------------------------------------------ ------------------------------------ 3. Full name of person(s) Mathew Benjamin Turney subject to the notification obligation: (iii) ------------------------------------------------------------- --------------------------------------- 4. Full name of shareholder(s) Mathew Benjamin Turney, James (if different from 3.):(iv) Larking, Paul Hudson, Anne Hudson, Ron Younghusband, Neil Walkington-Mayo, Angelina Walkington-Mayo, Dr William Robb. Gregory Stevenson and Richard Bradley ------------------------------------------------------------- --------------------------------------- 5. Date of the transaction 05/06/2015 and date on which the threshold is crossed or reached: ------------------------------------------------------------- --------------------------------------- 6. Date on which issuer 05/06/2015 notified: ------------------------------------------------------------- --------------------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 5% ------------------------------------------------------------- --------------------------------------- 8. Notified details: ----------------------------------------------------------------------------------------------------------------------- A: Voting rights attached to shares (viii, ix) ----------------------------------------------------------------------------------------------------------------------- Class/type Situation Resulting situation after the of previous triggering transaction shares to the triggering transaction if possible using the ISIN CODE ----------- ------------------------------- ------------------------------------------------------------------------- Number Number Number Number of % of voting of of of shares voting rights (x) Shares Voting rights Rights ----------- --------------- -------------- ------------- -------------------------- ------------------------------ Direct Direct Indirect Direct Indirect (xi) (xii) ----------- ----------- ------------ ------------- ------------- ----------- --------------- ------------- Ordinary Shares 41,515,489 41,515,489 5.91% --------------- -------------- ------------- ------------- ----------- --------------- ------------- B: Qualifying Financial Instruments ----------------------------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction ----------------------------------------------------------------------------------------------------------------------- Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that rights instrument (xiii) Period (xiv) may be acquired if the instrument is exercised/ converted. --------------- ------------- ----------------------------- ---------------------------- -------------------------- C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi) ----------------------------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction ----------------------------------------------------------------------------------------------------------------------- Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date Conversion rights instrument rights (xix, instrument (xvii) period refers to xx) (xviii) ------------- ------------- -------------- ------------- ---------------------------- ---------------------------- Nominal Delta ------------- ------------- -------------- ------------- ---------------------------- --------------- ----------- Total (A+B+C) ----------------------------------------------------------------------------------------------------------------------- Number of voting rights Percentage of voting rights ---------------------------------------------- ----------------------------------------------------------------------- 41,515,489 5.91% ---------------------------------------------- ----------------------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) ------------------------------------------------------------------------------------------------- Each Shareholder appears, or being currently a beneficial owner of shares will shortly appear, on the company Share Register in their own name. Proxy Voting: ------------------------------------------------------------------------------------------------- 10. Name of the proxy holder: ------------------------------------------------------------- ---------------------------------- 11. Number of voting rights proxy holder will cease to hold: ------------------------------------------------------------- ---------------------------------- 12. Date on which proxy holder will cease to hold voting rights: ------------------------------------------------------------- ---------------------------------- The concerted action to be 13. Additional information undertaken by this group is the recruitment of additional members in order to cross the 10% threshold. Thereafter to requisition a meeting to propose a change of direction for the Company. ------------------------------------------------------------- ---------------------------------- 14. Contact name: Mathew Benjamin Turney ------------------------------------------------------------- ---------------------------------- 15. Contact telephone number: 0046769729066 ------------------------------------------------------------- ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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