8th Jun 2015 18:18
For immediate release 8 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 5 June 2015 the Company received the following TR-1 notification which is set out below without amendment.
In light of recent uncertainty regarding, and the continuing suspension of, trading in the Company's shares, the Board will be monitoring its shareholder register with a view to seeking to confirm if the persons named in this notification appear on that register, and may make a further announcement in due course.
Cautionary statement
Given the continuance of commentary on unauthorised and unregulated websites, investors and shareholders are warned to exercise caution in dealing in the Company's shares and if in any doubt seek the advice of a person duly authorised and regulated by the Financial Conduct Authority.
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 |
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TR-1: 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 and Richard Bradley | |||||
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 | 5.91% | |||||||||||||
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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 | |||||||||||||||
41,515,489 | 5.91% | |||||||||||||||
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 recruitment of additional members in order to cross the 10% threshold. Thereafter to requisition a meeting to propose a change of direction for the Company. | ||
14. Contact name: | Mathew Benjamin Turney | ||
15. Contact telephone number: | 0046769729066 | ||
Related Shares:
New World Oil And Gas