16 May 2012 14:06
Amsterdam, 16 May 2012
Grant of Deferred Shares
New World Resources Plc ('NWR' or the 'Company') approved today the grant of deferred A Shares to several eligible employees of the Company for the performance in 2011, in accordance with the Company's Deferred Bonus Plan.
A total of 610,676 deferred A Shares were awarded, with a current value of GBP 3.5488 per A Share.
The grants are in the form of deferred A Shares, which will vest after a period of three years from the deferral provided that the relevant employee is still employed by the NWR Group at that time. No dividend will be paid on the deferred A Shares during the deferral period.
The grant is subject to the continuing provisions of the Deferred Bonus Plan. For more information regarding the Deferred Bonus Plan, please refer to the Company's remuneration report in the Annual Report and Accounts 2011, which is available on the Company's website: www.newworldresources.eu.
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For further information please contact:
Investor Relations Corporate Communications
Tel: +31 20 570 2244 Tel: Tel: +31 20 570 2229
Email: ir@nwrgroup.eu Email: pr@nwrgroup.eu
Website: www.newworldresources.eu
About NWR
New World Resources Plc is one of Central Europe's leading hard coal and coke producers. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary OKK, is Europe's largest producer of foundry coke. NWR currently has development projects in Poland and Czech Republic, which form part of NWR's regional growth strategy. NWR is a FTSE 250 company, with listings in London, Prague and Warsaw.