26 Apr 2013 15:56
Amsterdam, 26 April 2013
Regulatory Required Directorate Changes at NWR NV,a wholly owned subsidiary of NWR Plc
New World Resources Plc (NWR Plc) and New World Resources N.V. (NWR NV) jointly announce that in order to comply with the Dutch Corporate Governance Code, Steven Schuit (currently an independent director of New World Resources N.V.) has been appointed as the chairman of the board of directors of New World Resources N.V. (which is a wholly owned subsidiary of NWR Plc), effective as of today.
Mr. Schuit continues to be an Independent Director of New World Resource Plc.
Mr. Gareth Penny continues as the Executive Chairman of New World Resources Plc and will continue to be an executive director of New World Resources N.V.
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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.
New World Resources N.V. has two publicly traded bonds listed at the Global Exchange Market of the Irish Stock Exchange.