Condor Gold Regulatory News (CNR)

Director

Shares acquired

Price per Share

Date acquired

Resultant holding

Resultant percentage holding

Mark Child

20,000

54 pence

9th January 2017

3,962,500 Ordinary Shares

7.49%

Condor Gold plc

Mark Child, Executive Chairman and CEO

+44 (0) 20 7493 2734

Beaumont Cornish Limited

Numis Securities Limited

 Roland Cornish and James Biddle

+44 (0) 20 7628 3396

John Prior and James Black+44 (0) 20 72601000

Farm Street Media

Simon Robinson

+44 (0) 7593 340107

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Mark Child

2

Reason for notification

a)

Position / status

Chairman

b)

Initial notification

/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Condor Gold plc

b)

LEI

Not applicable

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description  of the financial instrument, type of instrument

Identification code

Ordinary shares of 20 pence each in Condor Gold plc

ISIN GB00B8225591

Nature of the transaction

Purchase of 20,000 ordinary shares

Price(s) and volumes(s)

d)

Aggregated information

n/a

e)

Date of the transaction

9th January 2017

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Condor Gold plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

N/A

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

N/A

An event changing the breakdown of voting rights

N/A

Other (please specify):

N/A

3. Full name of person(s) subject to thenotification obligation: iii

Regent Pacific Group Limited

4. Full name of shareholder(s)  (if different from 3.):iv

Regent Pacific Group Limited

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

2,340,276 shares in CNR were disposed of on market on 6 January 2017.

6. Date on which issuer notified:

9 January 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

4%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

3,977,274

3,977,274

1,636,998

1,636,998

Nil

3.094%

Nil

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,636,998

3.094%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Stella Fung

15. Contact telephone number:

+852 2514 6111