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New World Oil And Gas Regulatory News (NEW)



Regulatory News for New World Oil And Gas (NEW)


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Update on Big Sofa Limited

Tue, 19th Jul 2016 11:40

RNS Number : 6019E
New World Oil & Gas
19 July 2016
 

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

For immediate release                                                                                                                                          19 July 2016

NEW WORLD OIL AND GAS PLC ("New World" or "the Company")

Update on Big Sofa Limited

The Board is pleased to announce that the second tranche of the loan to Big Sofa Limited ("Big Sofa") for working capital purposes, as described in the Company's announcement of 9 May 2016 and approved by shareholders at the Company's EGM on 17 June 2016, has now been drawn down in full.  The Board is pleased with the progress that is being made by Big Sofa as regards current trading and the implementation of its strategic plan and can also confirm that the work with regard to its proposed acquisition by the Company is progressing well.

The Board is also pleased to report that Nicholas Lee has been appointed as Chairman of New World with immediate effect.

 

Enquiries:



Adam Reynolds

Nicholas Lee

New World Oil and Gas plc

New World Oil and Gas plc

Tel: +44 (0)7785 908158

Tel: +44 (0) 20 7580 7576

Roland Cornish

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

Felicity Geidt

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396







 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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DateSourceHeadlineCategory
04-Nov-16 12:56RNSResult of AGMResults and Trading Reports
04-Nov-16 07:00RNSCorporate UpdateCompany Announcement - General
24-Oct-16 16:03RNSCorporate UpdateCompany Announcement - General
18-Oct-16 16:44RNSCorporate UpdateCompany Announcement - General
17-Oct-16 07:00RNSMarket update and termination of reverseCompany Announcement - General
12-Oct-16 16:00RNSResult of AGMResults and Trading Reports
11-Oct-16 07:00RNSNotice of AGM UpdateResults and Trading Reports
30-Sep-16 15:06RNSHalf-year ReportResults and Trading Reports
16-Sep-16 07:00RNSAnnual General Meeting - New NoticeResults and Trading Reports
13-Sep-16 07:00RNSNotice of Annual General MeetingResults and Trading Reports
01-Sep-16 07:00RNSUpdate on Big Sofa and AGMCompany Announcement - General
19-Jul-16 11:40RNSUpdate on Big Sofa LimitedCompany Announcement - General
11-Jul-16 17:11RNSDirectorate ChangeExecutive Changes
23-Jun-16 17:38RNSLetters of Requisition for an EGMCompany Announcement - General
17-Jun-16 11:32RNSResult of Extraordinary General MeetingResults and Trading Reports
07-Jun-16 17:03RNSHolding(s) in CompanyHolding(s) in Company
06-Jun-16 15:30RNSHolding(s) in CompanyHolding(s) in Company
26-May-16 07:00RNSHolding(s) in CompanyHolding(s) in Company
25-May-16 07:00RNSNotice of Extraordinary General MeetingCompany Announcement - General
09-May-16 09:40RNSPossible acquisition and suspension of tradingMergers, Acquisitions and Disposals
09-May-16 09:40RNSSuspension - New World Oil & Gas PlcCompany Announcement - General
31-Mar-16 07:00RNSFinal ResultsResults and Trading Reports
14-Mar-16 15:00RNSHolding(s) in CompanyHolding(s) in Company
09-Mar-16 11:01RNSHolding(s) in CompanyHolding(s) in Company
01-Mar-16 07:00RNSHolding(s) in CompanyHolding(s) in Company
18-Feb-16 15:12RNSHolding(s) in CompanyHolding(s) in Company
17-Feb-16 17:32RNSIssue of Equity, Directors' Dealings, TVRCompany Announcement - General
15-Feb-16 07:00RNSUpdateCompany Announcement - General
01-Feb-16 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
16-Dec-15 14:25RNSRe-payment of Director loansCompany Announcement - General


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