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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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Re-payment of Director loans

Wed, 16th Dec 2015 14:25

RNS Number : 2999J
New World Oil & Gas
16 December 2015
 

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

 

For immediate release                                                                                   16 December 2015

 

New World Oil and Gas Plc ("New World'" or "the Company")

Re-payment of Director loans

 

The Board of New World announces that the loans made to Dynamic Investments Limited and Peter Sztyk and Georges Sztyk as announced on 28 March 2013, ("the DIL Loans"), and whose due date was extended to an on-demand basis as announced on 13 October 2014,  have now been re-paid under a series of arrangements by which,  from February 2015,  all of the executive directors' salaries would be used for this purpose..    The total amount re-paid, to include interest at 3% per annum, was US$705,447.05.

 

 **ENDS**

 

Enquiries:



Georges Sztyk

New World Oil and Gas Plc

Tel: +1 646 407 9946




Roland Cornish

Beaumont Cornish Limited (Nomad)

Tel: +44 (0) 20 7628 3396

Felicity Geidt

Beaumont Cornish Limited (Nomad)

Tel: +44 (0) 20 7628 3396




Lottie Brocklehurst

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

Frank Buhagiar

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177




Nicholas Bealer

Cornhill Capital Limited (Broker)

Tel: +44 (0) 20 7710 9612

Andrew Frangos

Cornhill Capital Limited (Broker)

Tel: +44 (0) 20 7710 9611

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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04-Nov-16 07:00RNSCorporate UpdateCompany Announcement - General
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11-Jul-16 17:11RNSDirectorate ChangeExecutive Changes
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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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