ELX.L Regulatory News (ELX)

5 Apr 2007 17:47

El Oro And Exploration Co Plc05 April 2007 El Oro and Exploration Company p.l.c. ("El Oro" or the "Company") 5 April 2007 Directors Shareholding El Oro and Exploration Company p.l.c. was informed on 3 April 2007 of thefollowing purchases of stock units by directors of the Company on 3 April 2007as follows: The Hon. Mrs. E.C. Parish, an executive director of the Company, purchased 4,233ordinary 5p stock units in the Company at £6.50 per stock unit. This purchasecomprises: • 550 stock units purchased on behalf of the account of her grandchild who is not a minor and that Mr. C.R.W. Parish is a trustee • 1,000 stock units purchased on behalf of the account of her grandchild who is minor and that Mr. C.R.W. Parish is a trustee; and • 2,683 stock units purchased on behalf of accounts of her grandchildren who are all minors and that Mr. C.R.W. Parish and Mrs. E.W. Houston are trustees. Mr. C.R.W. Parish, an executive director of the Company, purchased 450 ordinary5p stock units in the Company at £6.50 per stock unit. The 450 stock units thatMr. C.R.W. Parish purchased were made on behalf of his child who is a minor. Mrs. E.W. Houston, a non-executive director of the Company sold 15,000 ordinary5p stock units in the Company at £6.50 per stock unit. This sale comprises: • 5,385 of the stock units were sold to Mr C Houston, the husband of Mrs. E.W. Houston; • 6,932 of the stock units were sold to trusts of her children who are all minors and that Mr. C.R.W. Parish and Mrs. E.W. Houston are trustees; and • 2,683 of the stock units were sold to the Hon. Mrs. E.C. Parish on behalf of trusts of her grandchildren who are all minors, as indicated above. Following these dealings: Mr. C.R.W. Parish has a beneficial holding in the Company, following thenotification of this purchase, of 907,244 stock units representing 8.4% of theCompany together with a non-beneficial holding of 1,579,048 stock units,representing 14.6% of the Company. This represents an interest of 23.0% in thetotal voting rights of the Company. Mrs. E.W. Houston has a beneficial holding in the Company, following thenotification of this sale, of 1,102,237 representing 10.2% of the Companytogether with a non-beneficial holding of 553,089 stock units, representing 5.1%of the Company. This represents an interest of 15.3% in the total voting rightsof the Company. For further information, please contact: C Robin Woodbine Parish: ChairmanEl Oro and Exploration Company p.l.c.Tel: 020 7581 2782 Philip Secrett: Nominated AdviserGrant Thornton Corporate FinanceTel: 020 7383 5100 This information is provided by RNS The company news service from the London Stock Exchange