New World Oil & Gas Holding(s) in Company (3278Z)

TIDMNEW

RNS Number : 3278Z

New World Oil & Gas

26 May 2016

 
                                      For immediate release 26 May 2016 
 
                                          New World Oil and Gas Plc 
                                        ('New World' or 'the Company') 
                                            Holding(s) in Company 
 
                            The Board of New World announces that the Company has 
                            received the following TR-1 notification which is set 
                                         out below without amendment. 
                             Georges Sztyk    New World Oil and   Tel: [phone] 
                                                    Gas plc             9946 
                             Roland Cornish   Beaumont Cornish    Tel: +44 (0) 20 
                                                  Limited             7628 3396 
                             Felicity Geidt   Beaumont Cornish    Tel: +44 (0) 20 
                                                  Limited             7628 3396 
------------------------------------------------------------------------------------------------------------  --------- 
 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)                                                              TD Direct Investing, Hargreaves 
  subject to the                                                                            Lansdown, AJ Bell, Barclays 
  notification obligation:                                                             Stockbrokers, Selftrade, Halifax 
  (iii)                                                                                Share Trading, Cornhill Capital, 
                                                                                                            Motley Fool 
-------------------------------------------------  -------------------------------------------------------------------- 
 4. Full name of shareholder(s)                     Mathew Benjamin Turney, Gary 
  (if different from 3.):(iv)                        Bullivant, Andy Hutchins, 
                                                     Will Meredith, James Larking, 
                                                     Peg Foster, Keith Rowbotham, 
                                                     Ron Younghusband, Daniel Pearce, 
                                                     Chris Parrish, Mohammed Salim, 
                                                     Robert Blair Watt, Mike Rendell, 
                                                     John Cooney, Ian Bedford, 
                                                     Tony Gorst, Mark Fereday, 
                                                     Richard Bradley, John O'Gorman, 
                                                     John McFadzean, Richard Howard, 
                                                     Declan Rafferty, Colin Greenway, 
                                                     Dave Westlake, Chris Horn, 
                                                     Nick Perrin 
-------------------------------------------------  -------------------------------------------------------------------- 
 5. Date of the transaction                                                                                  16/05/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-------------------------------------------------  -------------------------------------------------------------------- 
 6. Date on which issuer                                                                                     16/05/2016 
  notified: 
-------------------------------------------------  -------------------------------------------------------------------- 
 7. Threshold(s) that is/are                                                                                  11% - <3% 
  crossed or 
  reached: (vi, vii) 
-------------------------------------------------  -------------------------------------------------------------------- 
 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      507,417,173         507,417,173     0                0                        0% 
             ------------------  --------------  ---------------  -----------  ----------  -------------  ------------- 
 
 
 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 

---------------------------------------------------  ------------------------------------------------------------------ 
 0                                                    0% 
---------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------- 
 
 
 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: 
--------------------------------------------------------------  --------------------------------------- 
 
 
  13. Additional information                                                   NWOGaction has disbanded 
                                                                        with the intention of reforming 
                                                                              shortly to call an EGM to 
                                                                     offer shareholders the opportunity 
                                                                             to vote on the replacement 
                                                                                  of certain directors. 
------------------------------------------------------------  ----------------------------------------- 
 14. Contact name:                                                                           Ben Turney 
------------------------------------------------------------  ----------------------------------------- 
 15. Contact telephone number:                                                            0046769729066 
                                                                          www.nwogaction.co.uk or email 
                                                                               [e-mail] 
------------------------------------------------------------  ----------------------------------------- 
 
 

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The company news service from the London Stock Exchange

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May 26, 2016 02:01 ET (06:01 GMT)