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- New_World_Oil_and_Gas abstract "New World Oil and Gas plc is a Jersey based oil and gas exploration company that is listed on London's Alternative Investment Market. The company has projects in Belize and Denmark. The company was incorporated on 15 April 2010.In 2015, Christopher Williams, a city investor, accidentally purchased 48.7% of the company in the name of his 76-year-old mother Judith, a bed and breakfast owner, instead of the 10% he intended to buy. The city takeovers panel warned that Mrs Williams might be required under city rules to make a takeover offer for the whole company as her holding exceeded 30%, leading to efforts by Mrs Williams' advisers to reduce the holding below that level.On the 29th April 2015, the company announced that it would seek approval at an emergency general meeting to increase the number of shares in issue by over 300% straight after this announcement and before the shares had been approved by the current shareholders. The new shares flooded the market. The issue of selling shares which have not been officially approved has been a practice on the London AIM for a number of years. It is a type of share shorting, with the short being closed when the new shares are officially issued.New World Oil, became infamous when the private investors under the banner of nwogaction voted against the issue of the new shares. This caused one the largest short squeeze's in the history of the LSE AIM index. This was considered a rare situation where the power of the shareholders proved stronger than the New World Oil and Gas Board of Directors, Nominated Adviser (Beaumont Cornish) and Broker (Cornhill Capital). The LSE and FCA are currently investigating how this happened, who was at fault and how the situation can be concluded. The New World Oil and Gas share price remains suspended during this investigation.This was considered a rare situation where the power of the shareholders proved stronger than the New World Oil and Gas Board of Directors, Nominated Adviser (Beaumont Cornish) and Broker (Cornhill Capital).".
- New_World_Oil_and_Gas wikiPageID "46716695".
- New_World_Oil_and_Gas wikiPageLength "3963".
- New_World_Oil_and_Gas wikiPageOutDegree "9".
- New_World_Oil_and_Gas wikiPageRevisionID "683354562".
- New_World_Oil_and_Gas wikiPageWikiLink Alternative_Investment_Market.
- New_World_Oil_and_Gas wikiPageWikiLink Category:2010_establishments_in_Jersey.
- New_World_Oil_and_Gas wikiPageWikiLink Category:Companies_established_in_2010.
- New_World_Oil_and_Gas wikiPageWikiLink Category:Companies_listed_on_the_Alternative_Investment_Market.
- New_World_Oil_and_Gas wikiPageWikiLink Category:Companies_of_Jersey.
- New_World_Oil_and_Gas wikiPageWikiLink Category:Non-renewable_resource_companies.
- New_World_Oil_and_Gas wikiPageWikiLink Category:Oil_companies.
- New_World_Oil_and_Gas wikiPageWikiLink Hydrocarbon_exploration.
- New_World_Oil_and_Gas wikiPageWikiLink Oil_and_gas_exploration.
- New_World_Oil_and_Gas wikiPageWikiLink Takeover.
- New_World_Oil_and_Gas wikiPageWikiLink Takeover_offer.
- New_World_Oil_and_Gas hasPhotoCollection New_World_Oil_and_Gas.
- New_World_Oil_and_Gas wikiPageUsesTemplate Template:Petroleum-company-stub.
- New_World_Oil_and_Gas wikiPageUsesTemplate Template:Reflist.
- New_World_Oil_and_Gas subject Category:2010_establishments_in_Jersey.
- New_World_Oil_and_Gas subject Category:Companies_established_in_2010.
- New_World_Oil_and_Gas subject Category:Companies_listed_on_the_Alternative_Investment_Market.
- New_World_Oil_and_Gas subject Category:Companies_of_Jersey.
- New_World_Oil_and_Gas subject Category:Non-renewable_resource_companies.
- New_World_Oil_and_Gas subject Category:Oil_companies.
- New_World_Oil_and_Gas hypernym Jersey.
- New_World_Oil_and_Gas type Agent.
- New_World_Oil_and_Gas comment "New World Oil and Gas plc is a Jersey based oil and gas exploration company that is listed on London's Alternative Investment Market. The company has projects in Belize and Denmark. The company was incorporated on 15 April 2010.In 2015, Christopher Williams, a city investor, accidentally purchased 48.7% of the company in the name of his 76-year-old mother Judith, a bed and breakfast owner, instead of the 10% he intended to buy.".
- New_World_Oil_and_Gas label "New World Oil and Gas".
- New_World_Oil_and_Gas sameAs m.0138k20l.
- New_World_Oil_and_Gas sameAs Q20005752.
- New_World_Oil_and_Gas sameAs Q20005752.
- New_World_Oil_and_Gas wasDerivedFrom New_World_Oil_and_Gas?oldid=683354562.
- New_World_Oil_and_Gas isPrimaryTopicOf New_World_Oil_and_Gas.