3 Feb 2012 16:48
El Oro Ltd (the "Company")
3 February 2012
Directors Shareholding
The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 3 February 2012 as follows:
Mr CRW Parish, an executive Director of the Company, on 2 February 2012 sold 20,000 ordinary shares in the Company at £1.09 per share on his own account.
Mr CRW Parish, an executive Director of the Company, on 3 February 2012 sold 40,000 ordinary shares in the Company at £1.085 per share on his own account.
Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,366,246 ordinary shares representing 9.85% of the Company together with a non-beneficial holding of 10,639,011 ordinary shares representing 16.45% of the Company. This represents an interest of 26.30% in the total voting rights of the Company.
For further information, please contact:
Dexion Capital (Guernsey) Limited 01481 732814
Gillian Newton
El Oro Ltd 020 7581 2782 www.eloro.com
Robin Parish, Chairman
Steven McKeane
ELX.L (ELX)