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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 : 6019E
New World Oil & Gas
19 July 2016
New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas
For immediate release 19 July 2016
NEW WORLD OIL AND GAS PLC ("New World" or "the Company")
Update on Big Sofa Limited
The Board is pleased to announce that the second tranche of the loan to Big Sofa Limited ("Big Sofa") for working capital purposes, as described in the Company's announcement of 9 May 2016 and approved by shareholders at the Company's EGM on 17 June 2016, has now been drawn down in full. The Board is pleased with the progress that is being made by Big Sofa as regards current trading and the implementation of its strategic plan and can also confirm that the work with regard to its proposed acquisition by the Company is progressing well.
The Board is also pleased to report that Nicholas Lee has been appointed as Chairman of New World with immediate effect.
Enquiries: Adam Reynolds New World Oil and Tel: +44 (0)7785 Nicholas Lee Gas plc 908158 New World Oil and Tel: +44 (0) 20 Gas plc 7580 7576 Roland Cornish Beaumont Cornish Tel: +44 (0) 20 Limited 7628 3396 Felicity Geidt Beaumont Cornish Tel: +44 (0) 20 Limited 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 19, 2016 06:40 ET (10:40 GMT)
1 Year New World Oil Chart |
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