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New World Oil & Gas Says Puported Requisition Request Invalid

Tue, 12th May 2015 08:16

LONDON (Alliance News) - New World Oil & Gas PLC Tuesday said it has turned down what it described as a "puported" letter of requisition from three people claiming to be shareholders.

The company said it had received a communication from Jon Rhodri Williams, Christopher Williams and Judith Mary Williams purporting to be a letter of requisition, and claiming an aggregate holding of 342,328,669 ordinary shares in the company.

It said that advice from its lawyers in Jersey and having reviewed the shareholder register as of May 8, it is treating the requisition as invalid.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.

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