TIDMNEW

RNS Number : 5068P

New World Oil & Gas

18 February 2016

 
                                      For immediate release 18 February 2016 
 
                                             New World Oil and Gas Plc 
                                           ('New World' or 'the Company') 
                                               Holding(s) in Company 
 
                               The Board of New World announces that the Company has 
                               received the following TR-1 notification which is set 
                                            out below without amendment. 
                                                     Enquiries: 
                             Georges Sztyk         New World Oil and    Tel: +1 646 407 
                                                         Gas Plc              9946 
 
                             Felicity Geidt        Beaumont Cornish     Tel: +44 (0) 20 
                                                       Limited              7628 3396 
                             Roland Cornish        Beaumont Cornish     Tel: +44 (0) 20 
                                                       Limited              7628 3396 
 
                             Lottie Brocklehurst   St Brides Partners   Tel: +44 (0) 20 
                                                       Ltd                  7236 1177 
                             Frank Buhagiar        St Brides Partners   Tel: +44 (0) 20 
                                                       Ltd                  7236 1177 
------------------------------------------------------------------------------------------------------------------  --------- 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                                         NEW WORLD OIL & GAS plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
--------------------------------------------------------------------  ------------------------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
--------------------------------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
--------------------------------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
--------------------------------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------------------------------------------------------  ------------- 
 Other (please      Agreement for a concerted exercise                                                                x 
  specify):          of voting rights 
-----------------  -------------------------------------------------------------------------------------------  ------------- 
 3. Full name of person(s)                                                                    TD Direct Investing, Hargreaves 
  subject to the                                                                                            Lansdown, AJ Bell 
  notification obligation: 
  (iii) 
----------------------------------------------------  ----------------------------------------------------------------------- 
 4. Full name of shareholder(s)                        Mathew Benjamin Turney, Gary 
  (if different from 3.):(iv)                           Bullivant, Andy Hutchins, 
                                                        Will Meredith, James Larking, 
----------------------------------------------------  ----------------------------------------------------------------------- 
 5. Date of the transaction                                                                                        14/02/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
----------------------------------------------------  ----------------------------------------------------------------------- 
 6. Date on which issuer                                                                                           14/02/2016 
  notified: 
----------------------------------------------------  ----------------------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                                    3.98% 
----------------------------------------------------  ----------------------------------------------------------------------- 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation                            Resulting situation after the 
 of              previous                             triggering transaction 
 shares          to the triggering 
                 transaction 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -----------------------------------  ------------------------------------------------------------------------- 
                Number             Number            Number            Number of                  % of voting 
                of                  of                of shares         voting                     rights (x) 
                Shares              Voting                              rights 
                                    Rights 
  -----------  -----------------  ----------------  ----------------  -------------------------  ---------------------------- 
                                                     Direct            Direct          Indirect   Direct       Indirect 
                                                                        (xi)            (xii) 
  -----------        -----------      ------------  ----------------  --------------  ---------  -----------  --------------- 
 Ordinary 
  Shares        0                  0                 182,861,952       182,861,952                3.98% 
               -----------------  ----------------  ----------------  --------------  ---------  -----------  --------------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration       Exercise/                       Number of voting             % of voting 
  instrument           date             Conversion                      rights that                  rights 
                       (xiii)           Period (xiv)                    may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-------------------  ---------------  ------------------------------  ---------------------------  -------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration        Exercise/         Number of voting             % of voting 
 financial         price           date              Conversion         rights instrument            rights (xix, 
 instrument                        (xvii)            period             refers to                    xx) 
                                                     (xviii) 
---------------  ---------------  ----------------  ----------------  ---------------------------  -------------------------- 
                                                                                                    Nominal      Delta 
---------------  ---------------  ----------------  ----------------  ---------------------------  -----------  ------------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  --------------------------------------------------------------------- 
 182,861,952                                             3.98% 
------------------------------------------------------  --------------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 

February 18, 2016 10:12 ET (15:12 GMT)

  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------------------------------------------  ----------------------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
----------------------------------------------------------------------  ----------------------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
----------------------------------------------------------------------  ----------------------------------------------------- 
 
 
  13. Additional information                               NWOGaction has reformed to 
                                                           offer positive shareholder 
                                                           support to New World Oil 
                                                           & Gas. NWOGaction is not 
                                                           currently taking on new members, 
                                                           but is more than happy to 
                                                           speak with any shareholder 
                                                           of New World Oil & Gas. 
------------------------------------------------------  --------------------------------------------------------------------- 
 14. Contact name:                                                                                                 Ben Turney 
------------------------------------------------------  --------------------------------------------------------------------- 
 15. Contact telephone number:                                                                                  0046769729066 
                                                                                                www.nwogaction.co.uk or email 
                                                                                                     enquire@nwogaction.co.uk 
------------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 
 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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