16th Jun 2015 13:10
For immediate release 16 June 2015
New World Oil and Gas Plc
('New World' or 'the Company')
Holding(s) in Company
The Board of New World announces that on Sunday 14 June 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 |
NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||||||||||||||
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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, Paul Hudson, Anne Hudson, Ron Younghusband, Neil Walkington-Mayo, Angelina Walkington-Mayo, Dr William Robb. Gregory Stevenson, Richard Bradley, Patrick Simpson, David Dunham, Ragu Sittamballam, William Meredith, Paul Cowan, Sunil Ramnani, Michael Bohan, Vijay Topiwala and Chris Parrish | ||||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 05/06/2015 | ||||||||||||||||
6. Date on which issuer notified: | 05/06/2015 | ||||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | ||||||||||||||||
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 | 41,515,489 | 41,515,489 | 105,884,962 | 47,509,492 | 6.76% | ||||||||||||
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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 | |||||||||||||
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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
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| Nominal | Delta | |||||||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
47,509,492 | 6.76% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||||
Each Shareholder appears, or being currently a beneficial owner of shares will shortly appear, on the company Share Register in their own name.
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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: | |||||||||||||||||
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13. Additional information | The concerted action to be undertaken by this group is the consolidation of existing members so as to achieve voting rights. Thereafter the goal is to requisition a meeting to propose a change of direction and competence for the Company.
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14. Contact name: | Mathew Benjamin Turney | ||||||||||||||||
15. Contact telephone number: | 0046769729066 | ||||||||||||||||
Related Shares:
New World Oil And Gas