21st Oct 2015 16:30
El Oro Ltd
21 October 2015
El Oro Ltd. ("the Company") Registration No: 49778
Immediate Announcement: Directors' Report 30 June 2015 - clarification
The Board would like to confirm that the following sentence in the Directors' Report on page 10 of the Annual Report to 30 June 2015:
"The Remuneration Committee recommended, and the Directors agreed to a performance bonus of £83,082 (2014: £157,704) for the year ended 30 June 2015."
Should read:
"The Remuneration Committee recommended, and the Directors agreed that no performance bonus would be paid for the year ended 30 June 2015 (2014: £157,704)."
For further information, please contact:
Dexion Capital (Guernsey) Limited 01481 732814
Chris Copperwaite
El Oro Ltd www.eloro.com 020 7581 2782
Robin Woodbine Parish, Chairman
Steven McKeane
Registered address: 1 Le Truchot, St Peter Port, Guernsey GY1 1WD
End of announcement
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