NEW World OIL & GAS (NEW)

 

LSE:NEW: Directorate Change

NEW World OIL & GAS

11 Jul 2016 17:11:31

New World Oil & Gas

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

Adam Reynolds

New World Oil and Gas plc

New World Oil and Gas plc

 

Tel: +44 (0) 20 7580 7576

Tel: +44 (0) 7785 908158

 

Roland Cornish

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

Felicity Geidt

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396







 

 


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