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
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
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
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:
- To receive the Directors’ report and the consolidated financial statements for the year ended 30 June 2016.
- 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.
- To authorise the payment of a final dividend of 2.405 pence per Ordinary Share for the year-ended 30 June 2016.
- 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:
- 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.
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
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
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
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