12 Apr 2013 15:43
Amsterdam, 12 April 2013
Grant of Deferred Shares
New World Resources Plc ('NWR' or the 'Company') approved today the grant of deferred A Shares to several eligible employees of the Company for the performance in 2012, in accordance with the Company's Deferred Bonus Plan.
A total of 844,518 deferred A Shares were awarded, with a value of GBP 2.132 per A Share (calculated according to the Deferred Bonus Plan rules).
The grants are in the form of deferred A Shares, which will vest after a period of three years from the date of the deferral. No dividend will be paid on the deferred A Shares during the deferral period.
The grant is subject to the continuing provisions of the Deferred Bonus Plan. For more information regarding the Deferred Bonus Plan, please refer to the Company's remuneration report in the Annual Report and Accounts 2012, which is available on the Company's website: www.newworldresources.eu.
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For further information please contact:
Investor Relations
Tel: +31 20 570 2244
Email: ir@nwrgroup.eu
Website: www.newworldresources.eu
About NWR
New World Resources Plc is one of Central Europe's leading hard coal and coke producers. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary OKK, is Europe's largest producer of foundry coke. NWR currently has several development projects in Poland and the Czech Republic, which form part of NWR's regional growth strategy.
In 2013 the Company announced a strategic outlook to reposition NWR into Europe's leading miner and marketer of coking coal by 2017.
New World Resources Plc is a FTSE 250 company, with listings in London, Prague and Warsaw.