4 May 2016 07:00
El Oro Ltd (the "Company")
4 May 2016
Directors Shareholding
The Company has been informed of the following transactions in its ordinary shares by a Group Company Director on 3 May 2016 as follows:
Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 2 December 2015 transferred 72,000 ordinary shares in the Company at 40.0 pence per share between family accounts.
Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 5,930,881 representing 9.25% of the Company together with a non-beneficial holding of 3,078,832 ordinary shares representing 4.80% of the Company. This represents an interest of 14.06% in the total voting rights of the Company.
For further information, please contact:
Fidante Partners (Guernsey) Limited 01481 732814
Christopher Copperwaite
El Oro Ltd 020 7581 2782 www.eloro.com
ELX.L (ELX)