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Holding(s) in Company

21st Sep 2015 16:42

RNS Number : 7182Z
New World Oil & Gas
21 September 2015
 

 

For immediate release 21 September 2015

 

New World Oil and Gas Plc

('New World' or 'the Company')

Holding(s) in Company

 

The Board of New World announces that on 19 September 2015 the Company received the following TR-1 notification which is set out below without amendment.

 

 

Enquiries:

Georges Sztyk

New World Oil and Gas Plc

Tel: +1 646 407 9946

Peter Sztyk

New World Oil and Gas Plc

Tel: +1 917 215 7122

Felicity Geidt

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

Roland Cornish

Beaumont Cornish Limited

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

 

 

 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

NEW WORLD OIL & GAS plc

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 specify):

Agreement for a concerted exercise of voting rights

x

3. Full name of person(s) subject to thenotification obligation: iii

 Mathew Benjamin Turney

4. Full name of shareholder(s)  (if different from 3.):iv

Mathew Benjamin Turney, James Larking, Neil Walkington-Mayo, Angelina Walkington-Mayo, Dr William Robb, David Dunham, Ragu Sittamballam, Andy Hutchins, Mohinder Dharar, Saleh Ahmed, Phil Terry, Will Meredith, Mark Booth, Paul Miller, John Cooney, Mike Rendell, Mike Joseph, Keith Rowbotham, Sunil Ramnani, Bruce Michael, Mehul Barnania, Vijay Topiwala, Russell Stephens, Peter Bambling, Andy Mills, Gary Bullivant, Chris Parrish, Janice Bullivant, Steve Coomber, Robert Watson Blair-Watt, Johnathan Lloyd-Gane, Simon Watson, Ron Younghusband, Georgina Heald, Colin Greenway, Ian Bedford, Terrence Iland, Anthony Gorst, Pamela Gorst, Mark Fereday, Andy Hubbard, Simon Gillard, John Godfrey, Mohammed Salim, Nick Wilkin

5. Date of the transaction and date onwhich the threshold is crossed orreached:

18/09/2015

6. Date on which issuer notified:

19/09/2015

7. Threshold(s) that is/are crossed orreached: vi, vii

13%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares

555,820,547

555,820,547

605,865,059

605,865,059

13.2%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

Nominal

Delta

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

605,865,059

13.2%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

 

13. Additional information

NWOGaction fully supports the candidacies of Adam Reynolds, Nicholas Mustoe and Mark Collingbourne for election to the board of New World Oil & Gas at the forthcoming AGM.

 

Following New World's shareholder call, NWOGaction has listened to, reflected upon and rejects the contentious premises on which the current board of directors of New World Oil & Gas appears to be basing its decisions.

 

NWOGaction continues in the firm expectation that, as previously agreed, the AGM will be convened sooner rather than later and certainly before any commitments are made to further capital expenditure.

14. Contact name:

Ben Turney

15. Contact telephone number:

0046769729066

 

 

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