19th May 2015 07:00
For immediate release 18 May 2015
New World Oil and Gas Plc
('New World' or 'the Company')
Holding in Company
The Board of New World announces that on 18 May 2015 the Company received the following TR-1 notification submitted on behalf of Mrs Judith Williams and which is set out below without amendment.
The resultant holding of 182,262,139 ordinary shares represents 25.94 per cent. of the Company's existing issued share capital.
For further information contact:
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| Frank Buhagiar
James Pope | St Brides Partners Ltd
Cornhill Capital Limited | Tel: +44 (0) 20 7236 1177
Tel: +44 (0) 20 3700 2504 |
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TR-1 Submitted on behalf of Mrs Judith Williams:
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 |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights | X | |||||||||||||||||
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): | ||||||||||||||||||
3. Full name of person(s) subject to thenotification obligation: iii | MRS JUDITH MARY WILLIAMS |
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4. Full name of shareholder(s) (if different from 3.):iv |
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 14.5.2015 TO 15.5.2015 |
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6. Date on which issuer notified: | 18th May 2015 |
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7. Threshold(s) that is/are crossed orreached: vi, vii |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction |
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NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x |
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Direct | Direct xi | Indirect xii | Direct | Indirect |
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Ordinary | 250,358,985 | 250,358,985 | 182,262,139 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
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Resulting situation after the triggering transaction |
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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) |
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Number of voting rights | Percentage of voting rights |
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182,262,139 |
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will ceaseto hold: |
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12. Date on which proxy holder will cease to holdvoting rights: |
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13. Additional information: | PLEASE REFER TO THE RNS 11.5.2015 RELEASED BY THE TAKE OVER PANEL REGARDING UNSETTLED HOLDINGS |
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14. Contact name: | DANIEL LEVI ASSOCIATES |
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15. Contact telephone number: | 07912 864195 |
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Related Shares:
New World Oil And Gas