New World Resources Plc Shareholder Requests General Meeting of NWR (4517L)

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RNS Number : 4517L

New World Resources Plc

03 October 2016

Amsterdam, 3 October 2016

Shareholder Requests General Meeting to Resolve to Place NWR into Liquidation

New World Resources Plc (the "NWR") announces today that it has received a request from State Street Nominees Limited (stating that it is a shareholder of NWR holding as at the date of the request 632,752,105 ordinary shares of EUR 0.0004 each in the capital of NWR, as nominee for M&G Debt Opportunities Fund II, a sub-fund of Specialist Investment Funds (3) PLC (which represent not less than five per cent. of such of the paid-up capital of NWR which, as at the date of the request, carries the right to vote at general meetings of NWR (excluding any paid-up capital held as treasury shares)), and on instructions from M&G Debt Opportunities Fund II, a sub-fund of Specialist Investment Funds (3) PLC) requesting that, pursuant to section 303 of the Companies Act 2006, the directors of NWR call a general meeting of NWR at the earliest possible date to give NWR's shareholders the opportunity to resolve to place NWR into liquidation and to appoint liquidators.

The NWR directors will take appropriate action in due course.

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Investor and Media Contact:

   Email:             [e-mail] 
   Website:         www.newworldresources.eu 

About NWR Plc:

New World Resources Plc is a Central European hard coal producer. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 03, 2016 02:00 ET (06:00 GMT)