El Oro Ltd

Announcements 2016

Directors Dealings   |  Announced - 15 December 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name ROBIN WOODBINE PARISH
2 Reason for the notification
a) Position/status DIRECTOR OF EL ORO LTD
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
70.0p
72.0p
28,600
18,000
d) Aggregated information
– Aggregated volume  
– Price  
e) Date of the transaction 14 DECEMBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement  |  Announced - 13 December 2016

El Oro Ltd. (“the Company") Registration No: 49778.

Immediate Announcement:

Net Asset Value  
Valuation date 30 November 2016
Currency GBP
NAV 85.2 pence
Share Price (mid) 70.0 pence
Discount 17.8%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Directors Dealings   |  Announced - 07 December 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name EMMA HOUSTON
2 Reason for the notification
a) Position/status DIRECTOR OF EL ORO AND EXPLORATION COMPANY LIMITED, A WHOLLY OWNED SUBSIDIARY OF EL ORO LTD – TRANSACTIONS BY HER CHILDREN; ROSELLE AZELEA WOODBINE HOUSTON, MICHAEL CHARLES WOODBINE HOUSTON, FLORENCE ROSE WOODBINE HOUSTON
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
65.0p 3,500
17,975
8,000
d) Aggregated information
– Aggregated volume 29,475
– Price 65.0P
e) Date of the transaction 6 DECEMBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Change of Listing Sponsor  |  Announced - 01 December 2016

The Directors of EL Oro Ltd (the “Company”) wish to announce that Aztec Financial Services(Guernsey) Limited has replaced Fidante Partners (Guernsey) Limited as listing sponsor to the Company with effect from 1 December 2016.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Directors Dealings   |  Announced - 22 November 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name EMMA HOUSTON
2 Reason for the notification
a) Position/status DIRECTOR OF El ORO AND EXPLORATION COMPANY LIMITED, A WHOLLY OWNED SUBSIDIARY OF EL ORO LTD
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
67.0p 25,000
d) Aggregated information AS IN 4 C) ABOVE
– Aggregated volume
– Price
e) Date of the transaction 18 NOVEMBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Results of AGM  |  Announced - 17 November 2016

At the Seventh Annual General Meeting of the Company, held on 17 November 2016, all resolutions were approved and agreed:

Ordinary resolutions:

  • 1) To receive the Directors’ report and the consolidated financial statements for the year ended 30 June 2016.
  • 2) To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration.
  • 3) To authorise the payment of a final dividend of 2.405 pence for the year-ended 30 June 2016.
  • 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 Ordinary Shares in the capital of the Company (“Shares”) may be purchased upon or subject to the following conditions:
    • the maximum number of Shares hereby authorised to be purchased is 6,111,558;
    • 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 Channel Islands 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
    • 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.

Special resolution:

  • 5) To amend the Company’s Articles of Incorporation to provide that the Company be placed into voluntary liquidation within six months after the end of the 2018 AGM (to be held no earlier than 1 November 2018), unless the Members pass a special resolution at the 2018 AGM (or at an earlier requisitioned general meeting) for the continuation of the Company.
  • The Special Resolution was passed by 75.12% of the votes polled.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement  |  Announced - 15 November 2016

El Oro Ltd. (“the Company") Registration No: 49778.

Immediate Announcement:

Net Asset Value  
Valuation date 31 October 2016
Currency GBP
NAV 89.5 pence
Share Price (mid) 67.0 pence
Discount 25.1%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Notification of acquisition of shares  |  Announced - 27 October 2016

Click here to download the document

 

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Rule 8.3 of the Takeover Code announcement  |  Announced - 25 October 2016

Click here to download the document

 

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Notification of major interest in shares  |  Announced - 21 October 2016

Click here to download the document

 

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement  |  Announced - 21 October 2016

El Oro Ltd. (“the Company") Registration No: 49778.

Immediate Announcement:

Net Asset Value  
Valuation date 30 September 2016
Currency GBP
NAV 86.7 pence
Share Price (mid) 65.0 pence
Discount 25%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Notice of Annual General Meeting and proposed amendment to articles of incorporation  |  Announced - 20 October 2016

NOTICE IS HEREBY GIVEN that the Company’s SEVENTH ANNUAL GENERAL MEETING and the ONE HUNDRED AND TWELFTH ANNUAL GENERAL MEETING OF THE EL ORO GROUP will be held on 17 November 2016 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 2016.
  2. To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the 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 2.405 pence per Ordinary Share for the year-ended 30 June 2016.
  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 to be approved and restated on the basis that Ordinary Shares in the capital of the Company (“Shares”) may be purchased upon or subject to the following conditions:
    • a) the maximum number of Shares hereby authorised to be purchased is 6,111,558;
    • 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 Channel Islands 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, if earlier, 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.

Special resolution:

  1. To amend the Company’s Articles of Incorporation to provide that the Company be placed into voluntary liquidation within six months after the end of the 2018 AGM (to be held in no earlier than 1 November 2018), unless the Members pass a special resolution at the 2018 AGM (or at an earlier requisitioned general meeting) for the continuation of the Company.
Click here to download the document

 

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Directors Dealings   |  Announced - 12 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name ROBIN PARISH
2 Reason for the notification
a) Position/status DIRECTOR
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
66.5p 20,000
d) Aggregated information AS IN 4 C) ABOVE
– Aggregated volume
– Price
e) Date of the transaction 12 OCTOBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,881,445 ordinary shares, representing 10.84% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.40% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement  |  Announced - 12 October 2016

El Oro Ltd. (“the Company") Registration No: 49778.

Immediate Announcement:

Net Asset Value  
Valuation date 31 August 2016
Currency GBP
NAV 84.6 pence
Share Price (mid) 55.0 pence
Discount 30%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Directors Dealings   |  Announced - 11 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name ROBIN PARISH
2 Reason for the notification
a) Position/status DIRECTOR
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
66.5p 20,000
d) Aggregated information AS IN 4 C) ABOVE
– Aggregated volume
– Price
e) Date of the transaction 10 OCTOBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,859,445 ordinary shares, representing 10.81% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.37% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Directors Dealings  |  Announced - 10 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name ROBIN PARISH
2 Reason for the notification
a) Position/status DIRECTOR
b) Initial notification/Amendment INITIAL
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name EL ORO LTD
b) LEI 213800MXA2RGPS4E7W74
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument ORDINARY SHARES
Identification code ELX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
67p 20,000
d) Aggregated information AS IN 4 C) ABOVE
– Aggregated volume
– Price
e) Date of the transaction 5 OCTOBER 2016
f) Place of the transaction CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,839,445 ordinary shares, representing 10.78% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.34% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Head of Finance announcement  |  Announced - 04 October 2016

El Oro Ltd. (“the Company") Registration No: 49778.

The Board would like to announce that Una Ni Dhonaill was appointed as Head of Finance effective 30 June 2016. The Chairman thanked Steven McKeane for his contributions to the El Oro Group during the past ten years.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement - Amendment  |  Announced - 04 October 2016

El Oro Ltd. (“the Company") Registration No: 49778.

Following an adjustment to a year-end provision in the year-end accounts, the net asset values for 30 June 2016 and 31 July 2016 have changed slightly.

The revisions are as follows:

Immediate Announcement:

Net Asset Value    
Valuation date 30 June 2016 Revised
Currency GBP  
NAV 79.5 pence 79.7 pence
Share Price (mid) 55.0 pence no change
Discount 30.8.% 30.9%

Immediate Announcement:

Net Asset Value    
Valuation date 31 July 2016 Revised
Currency GBP  
NAV 84.3 pence 84.5 pence
Share Price (mid) 55.0 pence no change
Discount 34.8% 34.9%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Final Results - 30 June 2016  |  Announced - 04 October 2016

El Oro Ltd announces its final results for the year ended 30 June 2016.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Click here to download the document

Final Dividend to 30 June 2016  |  Announced - 04 October 2016

The Directors of El Oro Ltd have declared a final dividend of 2.405 pence for the year-ended 30 June 2016 payable on 28 November 2016 to Members registered on the books of the Company at the close of business on 28 October 2016. The ex-dividend date will be 27 October 2016.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Annual Report at 30 June 2016  |  Announced - 04 October 2016

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2016 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Click here to download the document

Change of Administrator  |  Announced - 27 September 2016

Following a strategic review by Dexion Capital (Guernsey) Limited and discussions with the Company, the Company has appointed Aztec Financial Services (Guernsey) Limited ('Aztec') as its Administrator in Guernsey effective immediately. The key staff that have provided administrator and company secretarial services to the Company have transferred to Aztec, thus providing continuity of services.

The Company's registered office will also change to East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey on 28 September 2016.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

Proposal regarding continuation of Company  |  Announced - 06 September 2016

The Directors of the Company have resolved to table a special resolution at the next Annual General Meeting of the Company (which is planned to take place on 17 November 2016) to amend the Company's Articles of Incorporation to provide that the Company be placed into voluntary liquidation, unless the shareholders of the Company pass a special resolution at the Annual General Meeting to be held in or around November 2018 that the Company may continue (the "Resolution").

Robin Parish, Robert Wade, Junior Kumaramangalam and Anthony Wild, being Directors of the Company who hold or are interested in shares in the Company, and Emma Houston and David Hunting, being Directors of the Company's subsidiary, El Oro and Exploration Company Limited, who hold or are interested in shares in the Company, have all executed undertakings to vote in favour of the Resolution.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: 01481 748831

NAV announcement  |  Announced - 11 August 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 31 July 2016
Currency GBP
NAV 84.3 pence
Share Price (mid) 55.0 pence
Discount 34.8%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

NAV announcement  |  Announced - 27 July 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 30 June 2016
Currency GBP
NAV 79.5 pence
Share Price (mid) 55.0 pence
Discount 30.8%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 29 June 2016

The Company has been informed of the following transactions in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 16 June 2016 purchased 40,000 shares in the Company at 51.25 pence per share on his own account. Additionally, Mr Parish transferred 110,000 shares between his personal holding and a pension account on 16 June 2016.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,819,445 ordinary shares, representing 10.74% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.29% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Related party share transaction at arms-length  |  Announced - 17 June 2016

On 16 June 2016 the Company purchased 55,065 of its ordinary shares on market at a price of 51 pence for cancellation.

Following this cancellation the shares in issue with voting rights will be 63,455,990.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

NAV announcement  |  Announced - 16 June 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 31 May 2016
Currency GBP
NAV 78.7 pence
Share Price (mid) 50.0 pence
Discount 36.5%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 09 June 2016

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 3 June 2016 purchased 58,170 shares in the Company at 51.0 pence per share on his own account and also on 6 June 2016 purchased 20,000 shares in the Company at 51.0 pence per share on his own account. Additionally, Mr Parish transferred 80,000 shares between his personal holding and a pension account on 8 June 2016.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,779,445 ordinary shares, representing 10.67% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.22% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732815

Directors Shareholding  |  Announced - 03 June 2016

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 2 June 2016 purchased 15,000 shares in the Company at 51.0 pence per share on his own account. Additionally, Mr Parish transferred 100,000 shares between his personal holding and his pension account.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,701,275 ordinary shares, representing 10.55% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.10% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Related party share transaction at arms-length  |  Announced - 31 May 2016

On 31 May 2016 the Company purchased 590,190 (0.917%) of its ordinary shares at a price per share of 50 pence for cancellation.

Following this cancellation the shares in issue with voting rights will be 63,511,055.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732815

NAV announcement  |  Announced - 10 May 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 29 April 2016
Currency GBP
NAV 78.6 pence
Share Price (mid) 45.0 pence
Discount 42.7%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 04 May 2016

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 this advice:
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:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

NAV announcement  |  Announced - 15 April 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 31 March 2016
Currency GBP
NAV 74.5 pence
Share Price (mid) 45.0 pence
Discount 39.6%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 15 March 2016

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 14 March 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The sale of 63,400 and repurchase of 63,400 ordinary shares in the Company at 48.0 pence per share resulted in no change to his beneficial ownership in the ordinary shares of 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:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Interim Results at 31 December 2015  |  Announced - 11 March 2016

El Oro Ltd announces its interim results for the six months ended 31 December 2015.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Click here to download the document

NAV announcement  |  Announced - 08 March 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 29 February 2016
Currency GBP
NAV 71.5 pence
Share Price (mid) 45.0 pence
Discount 37.1%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

NAV announcement  |  Announced - 08 February 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 29 January 2016
Currency GBP
NAV 69.5 pence
Share Price (mid) 50.0 pence
Discount 28.1%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 11 January 2016

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:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

NAV announcement  |  Announced - 08 January 2016

El Oro Ltd. ("the Company") Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value  
Valuation date 31 December 2015
Currency GBP
NAV 73.3 pence
Share Price (mid) 50.0 pence
Discount 31.8%


The Company’s Share Price can be found at www.cisx.com [ticker – ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Directors Shareholding  |  Announced - 06 January 2016

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 5 January 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The resulting sales and purchases of 200,000 ordinary shares in the Company at 50.0 pence per share resulted in no change to either his beneficial or non-beneficial ownership in the total voting rights of the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,724,775 ordinary shares, representing 10.49% 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 25.74% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: 020 7581 2782

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: 01481 732814

Site by jantsDesign