New World Resources N.V. ('NWR NV')
NWR NV was incorporated in 2005 as a Dutch private limited liability company (New World Resources B.V.) to serve as the holding company for the coal mining operations and the coking business of the NWR Group and certain related businesses. In 2008, New World Resources B.V. was converted to New World Resources N.V. and listed on the London, Warsaw and Prague Stock Exchanges. Further details can be found in History.
In October 2010, NWR NV announced its intention to move its domicile from the Netherlands to the United Kingdom. The rationale of this step was to enable NWR to become a constituent of the UK FTSE index series. The redomiciliation process included a share-for-share recommended exchange (the 'Recommended Share Offer') where shareholders of NWR NV were given the opportunity to exchange their shares into the shares of the newly established entity, New World Resources Plc ('NWR Plc'). The process was largely completed in May 2011 when NWR Plc shares were admitted to the London, Prague and Warsaw Stock Exchanges, and in June 2011, NWR Plc was included in the FTSE 250 and FTSE 350 Mining indices. 0.22% of NWR NV’s share capital remained subject to Squeeze Out Proceedings under Dutch law, which came to a close in October 2012. NWR Plc remains headquartered in the Netherlands and remains a Dutch tax resident. Plese refer also to Shareholder Structure for further detail.
NWR believes the redomiciliation process has been a positive long-term step for its shareholders improving the overall liquidity and risk profile of the stock.
Full details of the Recommended Share Offer and the Squeeze Out Proceedings can be found at UK Redomiciliation of NWR.
On 2 June 2014 NWR NV announced that its principal place of business and address for all notices and communications had moved to the United Kingdom. A press release providing further details is available here.
New World Resources N.V.
115 Park Street
Tel: +44 20 7317 5990
Fax: +44 20 7317 5999
VAT number: GB 191 0329 26
NWR NV is registered at Dutch Trade Register of the Chamber of Commerce under number 34239108. NWR NV is also registered as an overseas company at Companies House in the UK with establishment number BR016952.