3rd Nov 2014 15:28
Amsterdam, 3 November 2014
New World Resources
Extraordinary General Meeting of Shareholders
Resolution Passed
Approved Board Changes
New World Resources Plc ('NWR' or the 'Company') announces that the Extraordinary General Meeting ('EGM') held in Amsterdam today approved the proposed resolutions as described in the EGM Notice published on 17 October 2014. The Company is also pleased to announce that the shareholders have elected the new Board of Directors of NWR Plc.
EGM Results
A breakdown of the votes cast is as follows:
VOTES FOR | % | VOTES AGAINST | % | TOTAL VOTES[1] | ||
Resolution 1 | 4,892,257,266
| 98.06
| 96,731,555
| 1.94
| 4,988,988,821
| |
Resolution 2 | 4,988,988,621
| 99.99 | 200
| 0.01 | 4,988,988,821
| |
Resolution 3 | 4,958,395,466
| 99.40
| 29,734,498
| 0.60
| 4,988,129,964
| |
Resolution 4 | 4,988,721,732
| 99.99
| 267,089
| 0.01
| 4,988,988,821
| |
Dual voting mechanism: Resolutions 5 - 9 | ||||||
Resolution 5 | CERCL Mining B.V.: 3,365,493,080
| 100 | - | - | 3,365,493,080
| 4,988,988,821
|
Free float: 1,622,836,440
| 99.96
| 659,301
| 0.04
| 1,623,495,741
| ||
Resolution 6 | CERCL Mining B.V.: 3,365,493,080
| 100 | - | - | 3,365,493,080
| 4,988,988,821
|
Free float: 1,623,489,525
| 99.99
| 6,216
| 0.01 | 1,623,495,741
| ||
Resolution 7 | CERCL Mining B.V.: 3,365,493,080
| 100 | - | - | 3,365,493,080
| 4,988,988,621
|
Free float: 1,623,495,541
| 100 | 0
| 0 | 1,623,495,541
| ||
Resolution 8 | CERCL Mining B.V.: 3,365,493,080
| 100 | - | - | 3,365,493,080
| 4,988,988,821
|
Free float: 1,623,230,864
| 99.98
| 264,877
| 0.02
| 1,623,495,741
| ||
Resolution 9 | CERCL Mining B.V.: 3,365,493,080
| 100 | - | - | 3,365,493,080
| 4,988,988,821
|
Free float: 1,623,230,864
| 99.98
| 264,877
| 0.02
| 1,623,495,741
| ||
Resolution 10 | 4,888,814,817
| 97.99
| 100,167,504
| 2.01
| 4,988,982,321
| |
Resolution 11 | 4,885,484,321
| 97.93
| 103,498,000
| 2.07
| 4,988,982,321
| |
A copy of the resolutions passed at the EGM has been submitted to the National Storage Mechanism and will shortly be available for inspection on the website: www.Hemscott.com/nsm.do.
For a detailed overview of the resolutions please refer to the Notice of the EGM on the Company's website.
The minutes of the EGM will be made available on the Company's website in due course.
Approved Board Changes
At this EGM, all present members of the Board have resigned, certain members were re-elected and certain new members were elected to the Board.
We would like to welcome Mr Colin Keogh and Mr Ian Ashby as new members of the Board. They will serve as independent non-executive directors.
We would also like to thank the retiring directors, Mr Steven Schuit, Mr Paul Everard and Mr Hans-Jörg Rudloff, for their steady leadership and dedication.
They were appointed as directors of NWR Plc with effect from 8 April 2011 and re-appointed at AGM in 2014. They served as independent non-executive directors.
On behalf of the Board we thank Mr Schuit, Mr Everard and Mr Rudloff for their support and guidance, which has been invaluable to the Company. We wish them well.
- Ends -
For further information please contact:
Investor Relations Corporate Communications
Tel: +31 20 570 2244 Tel: +31 20 570 2229
Email: [email protected] Email: [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.
[1] The Total Votes cast consist of A and B ordinary shares of NWR.
Related Shares:
New World Resources