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Block Listing

2nd Aug 2011 07:30

RNS Number : 5205L
New World Resources Plc
02 August 2011
 



Amsterdam, 2 August 2011

 

 

Block Listing

 

 

New World Resources Plc ('NWR' or the 'Company'), announces that application has been made to (i) the UK Listing Authority and the London Stock Exchange for a block listing of 5,514,755 A Ordinary shares of EUR 0.40 each under the Employee Stock Option Plan (the "New Shares"), to trade on the London Stock Exchange and to be admitted to the Official List, and to (ii) the Prague Stock Exchange for conditional admission of the New Shares to trading on the main market of the Prague Stock Exchange. The New Shares shall rank equally with the existing issued shares of the Company.

 

The Company will seek the admission of the New Shares to trading on the Warsaw Stock Exchange in tranches without undue delay after the New Shares are delivered, upon the exercise of respective stock options, to the eligible employees under the Employee Stock Option Plan.

 

 

- Ends -

 

For further information please contact:

Investor Relations Corporate Communications

Tel: +31 20 570 2270 Tel: +31 65 476 4119

Email: [email protected] Email: [email protected]

 

Website: www.newworldresources.eu

 

About NWR

NWR is one of Central Europe's leading hard coal and coke producers. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, a.s. ('OKD'), the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary, OKK Koksovny, a.s. ('OKK') is Europe's largest producer of foundry coke. NWR currently has two development projects in Poland, Debiensko and Morcinek, which form part of NWR's regional growth strategy. NWR is a FTSE 250 company, with listings in London, Prague and Warsaw.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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