11 May 2015 15:47
For immediate release
11 May 2015
New World Oil and Gas Plc
('New World' or 'the Company')
On 5 May 2015 the Company announced that it was seeking clarification as to the basis of the acquisition of the shares as announced on 1 May 20105 by Mrs Judith Williams and whether the percentage should be stated by reference to the current issued share capital (i.e. not including the placing shares which have yet to be issued) and if so whether there are any regulatory implications.
The Takeover Panel has today issued a statement in respect of the holding of Mrs Judith Williams which can be found at the following link:
http://www.thetakeoverpanel.org.uk/statements
CAUTIONARY STATEMENT
Investors and Shareholders are warned to exercise caution in dealing in the Company's shares and if in any doubt seek the advice of a person duly authorised and regulated by the Financial Conduct Authority.
For further information please visit www.nwoilgas.com or contact:
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Frank Buhagiar
Nicholas Bealer | St Brides Partners Ltd
Cornhill Capital Limited | Tel: +44 (0) 20 7236 1177
Tel: +44 (0) 20 7710 9612 | ||||||||||||||||||||||||||