NEW World OIL & GAS (NEW)

 

LSE:NEW: Annual General Meeting and Board Change

NEW World OIL & GAS

17 Nov 2015 15:52:26

New World Oil & Gas

RNS Number : 0552G
New World Oil & Gas
17 November 2015
 

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

 

For immediate release                                                                                 17 November 2015

 

New World Oil and Gas Plc ("New World'" or "the Company")

Annual General Meeting

Board Change

 

New World Oil and Gas Plc, an oil and gas operating company, announces that at its Annual General Meeting ("AGM") held today the Resolution relating to the proposed election of Peter Sztyk as a director was withdrawn after Mr Sztyk informed the Board that he would not be seeking election to the Board following his retirement by rotation.  In order to ensure an orderly transition at both the Board and executive level, Mr Sztyk's position as CEO will be subject to a further announcement.

 

The remaining Resolutions were taken on a poll, the results of which will be announced as soon as they are available.

 

New World Non-Executive Chairman Christopher Einchcomb said, "I would like to take this opportunity to thank Peter for his dedication and contribution to New World since its inception in 2010". 

 

 **ENDS**

 

Enquiries:



Georges Sztyk

New World Oil and Gas Plc

Tel: +1 646 407 9946




Roland Cornish

Beaumont Cornish Limited (Nomad)

Tel: +44 (0) 20 7628 3396

Felicity Geidt

Beaumont Cornish Limited (Nomad)

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




Nicholas Bealer

Cornhill Capital Limited (Broker)

Tel: +44 (0) 20 7710 9612

Andrew Frangos

Cornhill Capital Limited (Broker)

Tel: +44 (0) 20 7710 9611

  

 


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