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Share Issuance in relation to the Reincorporation

30 Sep 2011 12:54

RNS Number : 3183P
New World Resources Plc
30 September 2011
 



Amsterdam, 30 September 2011

 

 

Issuance of 'A' Ordinary Shares by New World Resources Plc in connection with the reincorporation of New World Resources N.V. to the United Kingdom

 

 

New World Resources Plc ('NWR' or the 'Company') has today issued a total of 397,969 'A' Ordinary Shares to certain shareholders of New World Resources N.V., pursuant to private share-for-share exchange agreements entered into between the Company and such shareholders.

The 397,969 'A' Ordinary Shares have been allotted to the relevant shareholders and application has been made for such shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange ('LSE'), the Prague Stock Exchange ('PSE') and the Warsaw Stock Exchange ('WSE'). It is expected that admission to trading on the PSE will become effective on 30 September 2011 with admission to the Official List of the UK Listing Authority and to trading on the LSE becoming effective at 08:00 (London time) on 3 October 2011. Admission to the WSE is expected to take place on 4 October 2011. 

 

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

 

 

- Ends -

 

For further information please contact:

Investor Relations Corporate Communications

Tel: +31 20 570 2270 Tel: +31 20 570 2229

Email: ir@nwrgroup.eu Email: pr@nwrgroup.eu

 

Website: www.newworldresources.eu

 

About NWR

NWR 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, a.s. ('OKD'), the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary, OKK Koksovny, a.s. ('OKK') is Europe's largest producer of foundry coke. NWR currently has two development projects in Poland, Debiensko and Morcinek, which form part of NWR's regional growth strategy. NWR is a FTSE 250 company, with listings in London, Prague and Warsaw.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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