26 Sep 2017 17:30
El Oro Ltd
NOTICE OF ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN that the Company's EIGHTH ANNUAL GENERAL MEETING and the ONE HUNDRED AND THIRTEENTH ANNUAL GENERAL MEETING OF THE EL ORO GROUP will be held on 16 November 2017 at
41 Cheval Place, London SW7 1EW at 12 noon for the following purposes:
Ordinary resolutions:
1. To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2017.
2. To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion ofthe next General Meeting at which financial statements are laid before the Company and to authorise the Directors to fix their remuneration.
3. To authorise the payment of a final dividend of 2.42 pence for the year-ended 30 June 2017.
4. To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of
the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ("Shares") upon or subject to the following conditions:
a) the maximum number of Shares hereby authorised to be purchased is 6,343,344;
b) the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from The International Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
c) the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this
Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.
The Board recommends that Shareholders vote in favour of all resolutions.
Registered Office By Order of the Board
East Wing Aztec Financial Services (Guernsey) Limited
Trafalgar Court Company Secretary
Les Banques
St Peter Port Guernsey