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NEW New World Oil

0.06
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

New World Oil & Gas Letters of Requisition for an EGM (1406C)

23/06/2016 5:38pm

UK Regulatory


New World Oil (LSE:NEW)
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From Jul 2019 to Jul 2024

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TIDMNEW

RNS Number : 1406C

New World Oil & Gas

23 June 2016

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

For immediate release 23 June 2016

NEW WORLD OIL AND GAS PLC ("New World" or "the Company")

Letters of Requisition for an Extraordinary General Meeting ("EGM")

On 22 June 2016, New World received letters of requisition for an EGM from shareholders representing approximately 10.5% of the total issued share capital of the Company. Following advice from the Company's Jersey Lawyers, and having reviewed its register of members, the Company can now confirm these letters of requisition are valid ("the Requisition").

The purpose of the EGM to be convened is to provide shareholders with the opportunity to vote on ordinary resolutions calling for the immediate removal of Christopher Einchcomb, Stephen Polakoff and Georges Sztyk as Directors of the Company, pursuant to Article 37 of New World's Articles of Association.

The Directors now have a period of 21 days from the date of the deposit of the Requisition to call an EGM, and will update the market in due course.

Trading in the Company's ordinary shares continues to be suspended.

 
 Enquiries: 
 Georges Sztyk    New World Oil and   Tel: +1 646 407 
                   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 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCAKNDNABKDAAB

(END) Dow Jones Newswires

June 23, 2016 12:38 ET (16:38 GMT)

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