TIDMNEW

RNS Number : 5468R

New World Oil & Gas

09 March 2016

 
                               For immediate release 9 March 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 Gas      Tel: +1 646 407 9946 
                                                           Plc 
 
               Felicity Geidt        Beaumont Cornish Limited   Tel: +44 (0) 20 7628 
                                                                        3396 
               Roland Cornish        Beaumont Cornish Limited   Tel: +44 (0) 20 7628 
                                                                        3396 
 
               Lottie Brocklehurst   St Brides Partners Ltd     Tel: +44 (0) 20 7236 
                                                                        1177 
               Frank Buhagiar        St Brides Partners Ltd     Tel: +44 (0) 20 7236 
                                                                        1177 
------------------------------------------------------------------------------------------------ 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
  -------------------------------------------------- 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                               NEW WORLD OIL & GAS plc 
  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 of voting rights                   x 
  specify): 
--------------------  ----------------------------------------------------------------  ---------- 
 3. Full name of person(s) subject                       TD Direct Investing, Hargreaves Lansdown, 
  to the                                                AJ Bell, Barclays Stockbrokers, Selftrade, 
  notification obligation: (iii)                          Halifax Share Trading, Cornhill Capital, 
                                                                                       Motley Fool 
----------------------------------------------  -------------------------------------------------- 
 4. Full name of shareholder(s)                  Mathew Benjamin Turney, Gary Bullivant, 
  (if different from 3.):(iv)                     Andy Hutchins, Will Meredith, James 
                                                  Larking, Peg Foster, Keith Rowbotham, 
                                                  Ron Younghusband, Daniel Pearce, Chris 
                                                  Parrish, Mohammed Salim, Robert Blair 
                                                  Watt, Mike Rendell, John Cooney, Ian 
                                                  Bedford, Tony Gorst, Mark Fereday, 
                                                  Richard Bradley, John O'Gorman 
----------------------------------------------  -------------------------------------------------- 
 5. Date of the transaction and date                                                    06/03/2016 
  on 
  which the threshold is crossed 
  or 
  reached: 
----------------------------------------------  -------------------------------------------------- 
 6. Date on which issuer notified:                                                      06/03/2016 
----------------------------------------------  -------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                           10% 
----------------------------------------------  -------------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                 Resulting situation after the triggering 
 of            to the triggering                  transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  ---------------------------------  ---------------------------------------------------------------------------- 
              Number             Number          Number          Number of voting           % of voting rights 
               of                 of              of shares       rights                     (x) 
               Shares             Voting 
                                  Rights 
-----------  -----------------  --------------  --------------  -------------------------  --------------------------------- 
                                                 Direct          Direct (xi)     Indirect   Direct              Indirect 
                                                                                  (xii) 
-----------    ------  -------  ------  ------  --------------  --------------  ---------  ------------------  ------------- 
 Ordinary 
 Shares       440,248,591        440,248,591     484,981,361     484,981,361                10.21% 
             -----------------  --------------  --------------  --------------  ---------  ------------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration       Exercise/                     Number of voting                 % of voting 
  instrument             date (xiii)      Conversion Period             rights that may                  rights 
                                          (xiv)                         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 rights 
 financial       price            date (xvii)     Conversion      rights instrument                 (xix, xx) 
 instrument                                       period          refers to 
                                                  (xviii) 
-------------  ---------------  --------------  --------------  --------------------------------  -------------------------- 
                                                                                                   Nominal          Delta 
-------------  ---------------  --------------  --------------  --------------------------------  ---------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  -------------------------------------------------------------- 
 
   484,981,361                                                 10.21% 
------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  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:

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March 09, 2016 06:01 ET (11:01 GMT)

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