TIDMNEW

RNS Number : 4945A

New World Oil & Gas

07 June 2016

 
                                             For immediate release 7 June 2016 
 
                                                  New World Oil and Gas Plc 
                                               ('New World' or 'the Company') 
                                                    Holding(s) in Company 
 
                                    The Board of New World announces that the Company has 
                                    received the following TR-1 notification which is set 
                                                out below without amendment. 
                                                          Enquiries: 
                                     Georges Sztyk    New World Oil and   Tel: +1 646 407 
                                                            Gas Plc             9946 
 
                                     Felicity Geidt   Beaumont Cornish    Tel: +44 (0) 20 
                                                         Limited             7628 3396 
                                     Roland Cornish   Beaumont Cornish    Tel: +44 (0) 20 
                                                         Limited             7628 3396 
--------------------------------------------------------------------------------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                                       NEW WORLD OIL & GAS plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------------  -------------------------------------------------------- 
 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    Agreement for a concerted exercise                                                                 x 
  specify):        of voting rights 
---------------  ---------------------------------------------------------------------------------------------  ----------- 
 3. Full name of person(s)                               Chris Parish, John Cooney, 
  subject to the                                          Mohammed Salim, Tony Gorst, 
  notification obligation:                                Ron Younghusband, Peggy Foster, 
  (iii)                                                   Stephen Foster, Keith Rowbotham, 
                                                          Richard Bradley, Andy Hutchins, 
                                                          James Larking, Matthew Turney, 
                                                          Gary Bullivant, Chris Horn, 
                                                          Adam Gorst, Simon Watson, 
                                                          Michael Blessing, Jason Greenberg, 
                                                          Jon Freeman, TD Direct Investing, 
                                                          Hargreaves Lansdown, AJ Bell, 
                                                          Barclays Stockbrokers, Selftrade, 
                                                          Halifax Share Trading, Cornhill 
                                                          Capital, Motley Fool 
-------------------------------------------------  ------------------------------------------------------------------------ 
 4. Full name of shareholder(s)                          Will Meredith, Daniel Pearce, 
  (if different from 3.):(iv)                             John O'Gorman, Craig Stannard, 
                                                          Chris Standing 
-------------------------------------------------  ------------------------------------------------------------------------ 
 5. Date of the transaction                                                                                      03/06/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-------------------------------------------------  ------------------------------------------------------------------------ 
 6. Date on which issuer                                                                                         07/06/2016 
  notified: 
-------------------------------------------------  ------------------------------------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                                    14% 
-------------------------------------------------  ------------------------------------------------------------------------ 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation                           Resulting situation after the 
 of            previous                            triggering transaction 
 shares        to the triggering 
               transaction 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  ----------------------------------  -------------------------------------------------------------------------- 
              Number              Number          Number            Number of                   % of voting 
               of                  of              of shares         voting                      rights (x) 
               Shares              Voting                            rights 
                                   Rights 
-----------  ------------------  --------------  ----------------  --------------------------  ---------------------------- 
                                                  Direct            Direct          Indirect    Direct         Indirect 
                                                                     (xi)            (xii) 
-----------        ------------    ------------  ----------------  --------------  ----------  -------------  ------------- 
 Ordinary 
  Shares      578,906,695         578,906,695     694,906,695       694,906,695                 14.64% 
             ------------------  --------------  ----------------  --------------  ----------  -------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                       Number of voting              % of voting 
 financial           date            Conversion                      rights that                   rights 
 instrument          (xiii)          Period (xiv)                    may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  --------------  ------------------------------  ----------------------------  -------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise          Expiration      Exercise/         Number of voting              % of voting 
 financial       price             date           Conversion         rights instrument             rights (xix, 
 instrument                        (xvii)         period             refers to                     xx) 
                                                  (xviii) 
-------------  ----------------  --------------  ----------------  ----------------------------  -------------------------- 
                                                                                                  Nominal        Delta 
-------------  ----------------  --------------  ----------------  ----------------------------  -------------  ----------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ---------------------------------------------------------------------- 
 
   694,906,695                                        14.64% 
---------------------------------------------------  ---------------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------------  ------------------------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------------  ------------------------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------------  ------------------------------------------------------ 
 
 
  13. Additional information 
---------------------------------------------------  ---------------------------------------------------------------------- 
 14. Contact name:                                                                                               Ben Turney 
---------------------------------------------------  ---------------------------------------------------------------------- 
 15. Contact telephone number:                                                                                0046769729066 
                                                                                              www.nwogaction.co.uk or email 
                                                                                                   enquire@nwogaction.co.uk 
---------------------------------------------------  ---------------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 07, 2016 12:03 ET (16:03 GMT)

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