New World Oil & Gas Directorate Change (8652D)
July 11 2016 - 11:11AM
UK Regulatory
TIDMNEW
RNS Number : 8652D
New World Oil & Gas
11 July 2016
New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil
& Gas
For immediate release 11 July 2016
NEW WORLD OIL AND GAS PLC ("New World" or "the Company")
Directorate changes
The Company announces that Christopher Einchcomb, Stephen
Polakoff and Georges Sztyk have resigned as Directors of the
Company with immediate effect. Accordingly, the Company does not
intend to call a meeting pursuant to the letters of requisition for
an EGM from shareholders as announced on 22 June 2016.
The Board will now comprise Nicholas Lee and Adam Reynolds, with
further additions to the Board being considered as appropriate. The
Board expects to update shareholders on the possible reverse
acquisition of Big Sofa Limited as announced on the 9 May 2016 and
other operational matters in due course.
Pursuant to the announcement of 9 May 2016, trading in the
Company's ordinary shares continues to be suspended.
Enquiries:
Nicholas Lee New World Oil and Tel: +44 (0) 20
Adam Reynolds Gas plc 7580 7576
New World Oil and Tel: +44 (0) 7785
Gas plc 908158
Roland Cornish Beaumont Cornish Tel: +44 (0) 20
Limited 7628 3396
Felicity Geidt Beaumont Cornish Tel: +44 (0) 20
Limited 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
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