25 Mar 2015 07:00
El Oro Ltd (the "Company")
25 March 2015
Directors Shareholding
The Company has been informed of the following transaction in its ordinary shares by a Director on 20 March 2015 as follows:
Mr SB Kumaramangalam, a Director, advised that his wife transferred 30,000 ordinary shares in the Company at 50.0 pence per share on her personal holdings. The announcement made on 23 March 2015 should be disregarded as it only reflects one side of this transfer.
Following this advice:
Mr Kumaramangalam has a beneficial holding in the Company of 6,393,368 ordinary shares, representing 9.92% of the Company, together with a non-beneficial holding of 3,314,407 ordinary shares representing 5.14% of the Company. This represents an interest of 15.06% 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