New World Oil & Gas Holding(s) in Company (3430A)

TIDMNEW

RNS Number : 3430A

New World Oil & Gas

06 June 2016

 
                                      For immediate release 6 June 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. 
                                                   Enquiries: 
                              Georges Sztyk    New World Oil and   Tel: [phone] 
                                                     Gas Plc             9946 
 
                              Felicity Geidt   Beaumont Cornish    Tel: +44 (0) 20 
                                                  Limited             7628 3396 
                              Roland Cornish   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)                              Chris Parish, John Cooney, 
  subject to the                                         Mohammed Salim, Tony Gorst, 
  notification obligation:                               Ron Younghusband, Peggy Foster, 
  (iii)                                                  Stephen Foster, Keith Rowbotham, 
                                                         Richard Bradley, Andy Hutchins, 
                                                         James Larking, Matthew Turney, 
                                                         Gary Bullivant, Chris Horn, 
                                                         Adam Gorst, Simon Watson, 
                                                         Michael Blessing, Jason Greenberg, 
                                                         Jon Freeman, TD Direct Investing, 
                                                         Hargreaves Lansdown, AJ Bell, 
                                                         Barclays Stockbrokers, Selftrade, 
                                                         Halifax Share Trading, Cornhill 
                                                         Capital, Motley Fool, Halifax 
                                                         Share Trading 
------------------------------------------------  ---------------------------------------------------------------------- 
 4. Full name of shareholder(s)                         Will Meredith, Daniel Pearce, 
  (if different from 3.):(iv)                            John O'Gorman 
------------------------------------------------  ---------------------------------------------------------------------- 
 5. Date of the transaction                                                                                   31/05/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
------------------------------------------------  ---------------------------------------------------------------------- 
 6. Date on which issuer                                                                                      31/05/2016 
  notified: 
------------------------------------------------  ---------------------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                                 12% 
------------------------------------------------  ---------------------------------------------------------------------- 
 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      0                  0               578,906,695       578,906,695               12.2% 
             -----------------  --------------  ----------------  ------------  ----------  -------------  ------------- 
 
 
 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 
--------------------------------------------------  -------------------------------------------------------------------- 
 
   578,906,695                                       12.2% 

--------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 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 
------------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                                                     Ben Turney 
------------------------------------------------------------  ----------------------------------- 
 15. Contact telephone number:                                                      0046769729066 
                                                                    www.nwogaction.co.uk or email 
                                                                         [e-mail] 
------------------------------------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 06, 2016 10:30 ET (14:30 GMT)