New World Oil and Gas PLC : Issue of Equity

New World Oil and Gas Plc, the oil and gas exploration and development company focussed on Belize and Denmark, today announces the issue of a total of 4,382,564 new ordinary shares in the Company. 

4,011,309 new ordinary shares in the Company, at an average price of 3.94p per share, have been issued in part payment for services rendered and as part of a drilling contract.   

In addition, and as part of their directors' fee, a total of 371,255 new ordinary shares have been issued to the following Directors at an average of 3.64p per share. 

Director	Number of new ordinary shares issued	Subsequent total holding	Percentage of existing ordinary shares	Percentage of ordinary shares following issue of new ordinary shares
Frederick Hodder	165,002	848,076	0.12	0.12
Chris Einchcomb	206,253	1,109,915	0.16	0.16

Application has been made for a total of 4,382,564 new ordinary shares, which will rank pari passuwith all existing ordinary shares in the Company, to be admitted to trading on AIM.     Admission is expected to take place on or around 1 May 2013 ("Admission").

The Company has no Ordinary Shares held in treasury and as a result, the total number of voting rights in the Company will be 680,331,511.  This figure may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

* *ENDS* *

For further information please visit  www.nwoilgas.com  or contact:

Enquiries:
William Kelleher	New World Oil and Gas Plc	Tel: [phone]
Georges Sztyk	New World Oil and Gas Plc	Tel: [phone]
Peter Sztyk Felicity Geidt	New World Oil and Gas Plc Beaumont Cornish Limited	Tel: [phone] Tel: [phone]
Roland Cornish	Beaumont Cornish Limited	Tel: [phone]
Jerry Keen	Shore Capital	Tel: [phone]
Pascal Keane	Shore Capital	Tel: [phone]
Hugo de Salis	St Brides Media & Finance Ltd	Tel: [phone]
Lottie Brocklehurst	St Brides Media & Finance Ltd	Tel: [phone]
Frank Buhagiar	St Brides Media & Finance Ltd	Tel: [phone]

Posted on: April 26th, 2013