11 Jan 2016 12:45
El Oro Ltd (the "Company")
11 January 2016
Directors Shareholding
The Company has been informed of the following transaction in its ordinary shares by a Director as follows:
Mr CRW Parish, an executive Director, on 7 January 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The sale of 192,000 and repurchase of 153,500 ordinary shares in the Company at 52.0 pence per share resulted in a decrease to his beneficial ownership of 38,500 ordinary shares in the Company.
Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,686,275 ordinary shares, representing 10.43% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.68% in the total voting rights of the Company.
For further information, please contact:
El Oro Ltd 020 7581 2782 www.eloro.com
Robin Parish, Chairman
Steven McKeane
Dexion Capital (Guernsey) Limited 01481 732814
Chris Copperwaite