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Regulatory Update

23rd Jan 2015 18:04

RNS Number : 0615D
New World Resources Plc
23 January 2015
 



Amsterdam, 23 January 2015

 

 

Regulatory Update:

 

Notification of Q4 2014 Results

 

New World Resources Plc will announce its financial results for the year ended 31 December 2014 on Tuesday, 24 February 2015.

 

Senior management will host a conference call for analysts and investors on the same day at 11:00 CET / 10:00 GMT. For those unable to attend the call a live audio webcast will be available on NWR's website www.newworldresources.eu.

 

Conference call details will be published on the company's website in due course.

 

 Special LTIP Awards

 

On 21 January 2015, the Company's Remuneration Committee confirmed the grant of awards under the NWR Special Long-Term Incentive Plan to certain individuals in the total amount of 331,000,000 A shares. The awards take the form of cash-settled nil-cost options with an effective grant date of 21 November 2014.

Awards to executive directors are subject to shareholder approval at the Company's next Annual General Meeting.

Details of the Special LTIP Awards were described in the Prospectus dated 30 July 2014.

 

- Ends -

 

 

 

Investor and Media Contact:

Radek Nemecek

Tel: +31 629 537 908

[email protected]

Website: www.newworldresources.eu

 

About NWR:

New World Resources Plc is a Central European hard coal producer. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic.

 

 

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