17th Nov 2015 15:52
New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas
For immediate release 17 November 2015
New World Oil and Gas Plc ("New World'" or "the Company")
Annual General Meeting
Board Change
New World Oil and Gas Plc, an oil and gas operating company, announces that at its Annual General Meeting ("AGM") held today the Resolution relating to the proposed election of Peter Sztyk as a director was withdrawn after Mr Sztyk informed the Board that he would not be seeking election to the Board following his retirement by rotation. In order to ensure an orderly transition at both the Board and executive level, Mr Sztyk's position as CEO will be subject to a further announcement.
The remaining Resolutions were taken on a poll, the results of which will be announced as soon as they are available.
New World Non-Executive Chairman Christopher Einchcomb said, "I would like to take this opportunity to thank Peter for his dedication and contribution to New World since its inception in 2010".
**ENDS**
Enquiries: | ||
Georges Sztyk | New World Oil and Gas Plc | Tel: +1 646 407 9946 |
Roland Cornish | Beaumont Cornish Limited (Nomad) | Tel: +44 (0) 20 7628 3396 |
Felicity Geidt | Beaumont Cornish Limited (Nomad) | Tel: +44 (0) 20 7628 3396 |
Lottie Brocklehurst | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Frank Buhagiar | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Nicholas Bealer | Cornhill Capital Limited (Broker) | Tel: +44 (0) 20 7710 9612 |
Andrew Frangos | Cornhill Capital Limited (Broker) | Tel: +44 (0) 20 7710 9611 |
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