16 Jun 2015 13:10
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For immediate release 16 June 2015
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New World Oil and Gas Plc
('New World' or 'the Company')
Holding(s) in Company
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The Board of New World announces that on Sunday 14 June 2015 the Company received the following TR-1 notification which is set out below without amendment.
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Enquiries: | ||
Georges Sztyk | New World Oil and Gas Plc | Tel: +1 646 407 9946 |
Peter Sztyk | New World Oil and Gas Plc | Tel: +1 917 215 7122 |
Felicity Geidt | Beaumont Cornish Limited | Tel: +44 (0) 20 7628 3396 |
Roland Cornish | Beaumont Cornish Limited | 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 |
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NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||||||||||||||
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | NEW WORLD OIL & GAS plc | ||||||||||||||||
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 specify): | Agreement for a concerted exercise of voting rights | x | |||||||||||||||
3. Full name of person(s) subject to thenotification obligation: iii | Β Mathew Benjamin Turney | ||||||||||||||||
4. Full name of shareholder(s) Β (if different from 3.):iv | Mathew Benjamin Turney, James Larking, Paul Hudson, Anne Hudson, Ron Younghusband, NeilΒ Walkington-Mayo, AngelinaΒ Walkington-Mayo, Dr William Robb. Gregory Stevenson, Richard Bradley, Patrick Simpson, David Dunham, Ragu Sittamballam, William Meredith, Paul Cowan, Sunil Ramnani, Michael Bohan, Vijay Topiwala and Chris Parrish | ||||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 05/06/2015 | ||||||||||||||||
6. Date on which issuer notified: | 05/06/2015 | ||||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | ||||||||||||||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
Ordinary Shares | 41,515,489 | 41,515,489 | 105,884,962 | 47,509,492 | 6.76% | ||||||||||||
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B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to Β | % of voting rights xix, xx Β | ||||||||||||
Β Β | Nominal | Delta | |||||||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
47,509,492 | 6.76% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||||
Each Shareholder appears, or being currently a beneficial owner of shares will shortly appear, on the company Share Register in their own name. Β Β | |||||||||||||||||
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Proxy Voting: | |||||||||||||||||
10. Name of the proxy holder: | |||||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | |||||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | |||||||||||||||||
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13. Additional information | The concerted action to be undertaken by this group is the consolidation of existing members so as to achieve voting rights. Thereafter the goal is to requisition a meeting to propose a change of direction and competence for the Company. Β | ||||||||||||||||
14. Contact name: | Mathew Benjamin Turney | ||||||||||||||||
15. Contact telephone number: | 0046769729066 | ||||||||||||||||
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