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NWR issues A Shares under DBP (updated)

12 Apr 2016 12:00

RNS Number : 9500U
New World Resources Plc
12 April 2016
 

Amsterdam, 12 April 2016

 

 

NWR issues A Shares under the Deferred Bonus Plan

 

 

New World Resources Plc ('NWR' or 'the Company') has today issued a total of 1,936,469 A Shares for the delivery of the Deferred Bonus Plan ('DBP').

We refer to the grant of deferred A Shares from 12 April 2013, which vested on 12 April 2016 according to the DBP rules, as described in the Annual Report and Accounts 2013.

Certain participants in the DBP have waived the right to receive the A Shares (in total 567,851 A Shares.

The 1,936,469 A Shares will commence trading, fully paid, on the London Stock Exchange plc's main market for listed securities on 15 April 2016. Their trading on the Prime Market of the Prague Stock Exchange and on the Main Market of the Warsaw Stock Exchange is expected on or around 15 April 2016.

 

As of today, the issued share capital of NWR consists of 3,302,104,711 A Shares (other than those held by the Company) of EUR 0.0004 nominal value each, 10,000 B Ordinary Shares of EUR 0.40 nominal value each and 264,477,400,857 D Shares of EUR 0.0004 nominal value each.

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Investor and Media Contact:

Radek Nemecek

Tel: +420 727 982 885

rnemecek@nwrgroup.eu

Website: www.newworldresources.eu

 

About NWR:

New World Resources Plc is a Central European hard coal producer. 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.

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