8 May 2019 12:00
El Oro Ltd
08 May 2019
El Oro Ltd. ("the Company") Registration No: 49778
Cancellation of Shares
The Company today announces the cancellation of 360,000 of its shares in accordance with the provisions of section 328 of the Companies (Guernsey) Law, 2008. Prior to May 2019 these 360,000 shares had been held in a subsidiary group company, Investigations & Management Limited, as a result of share restructuring in previous years. In May 2019, these 360,000 shares were transferred to the Company and held in treasury as part of an in specie dividend and immediately cancelled.
The Company discloses the following details in relation to such cancellation pursuant to The International Stock Exchange, Listing Rule 4.5.:
Type of shares cancelled:
| Ordinary shares of no par value |
Number of shares cancelled:
| 360,000 |
Date of cancellation:
| 08 May 2019 |
Total number of Ordinary shares that the Company has in issue after the cancellation:
| 62,813,398 |
Total number of own shares held by the Company after the cancellation:
| 0 |
Percentage of voting rights attributable to shares held by the Company as a result of the cancellation:
| 0% |
Total capital of the Company in issue: | 62,813,398 Ordinary shares of no par value
|
Total number of voting rights attributable to the total capital of the Company in issue:
| 62,813,398 |
The figure of 62,813,398 may be used by shareholders as the denominator for the calculations by which they will be determined if they are required to notify their interest in, or a change to their interest in the Company under the TISE Listing Rules.
| |
Total number of voting rights attaching to shares cancelled:
| 360,000 |
This notice is given in fulfilment of the obligations under Listing Rule 4.5. | |
For further information, please contact:
Aztec Financial Services (Guernsey) Limited 01481 748831
Chris Copperwaite
El Oro Ltd www.eloro.com 020 7581 2782
Robin Woodbine Parish, Chairman
Una Ni Dhonaill
Registered address: East Wing, Trafalgar Court, Les Banques, St Peter Port, GY1 3PP
End of announcement