TIDMNEW

RNS Number : 0394S

New World Oil & Gas

14 March 2016

 
                                 For immediate release 14 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    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, Barclays 
  notification obligation:                                              Stockbrokers, Selftrade, Halifax 
  (iii)                                                                 Share Trading, Cornhill Capital, 
                                                                       Motley Fool, Equitni, Interactive 
                                                                                                Investor 
---------------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                   Mathew Benjamin Turney, Gary 
  (if different from 3.):(iv)                                      Bullivant, 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, 
                                                                   John McFadzean, Richard Howard, 
                                                                   Declan Rafferty 
---------------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                                                   11/03/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                                              13 
  notified:                                                                                     /03/2016 
---------------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or                                                                                          12 
   reached: (vi, vii)                                                                                  % 
---------------------------------------------------------------  --------------------------------------- 
 
 
 
 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      484,981,361       484,981,361     592,956,       592,956,                  12.49% 
                                                 501            501 
             ----------------  --------------  -------------  -----------  -----------  ----------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration      Exercise/                      Number of voting            % of voting 
 financial         date            Conversion                     rights that                 rights 
 instrument        (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 

(MORE TO FOLLOW) Dow Jones Newswires

March 14, 2016 11:00 ET (15:00 GMT)

New World Oil (LSE:NEW)
Historical Stock Chart
Von Dez 2024 bis Jan 2025 Click Here for more New World Oil Charts.
New World Oil (LSE:NEW)
Historical Stock Chart
Von Jan 2024 bis Jan 2025 Click Here for more New World Oil Charts.