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El Oro Ltd (ELX) Ord NPV

Sell:60.00p Buy:70.00p 0 Change: No change
Market closed Prices as at close on 25 June 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

El Oro Ltd Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 7 Jun 2019)

What is happening?


The Directors of El Oro Limited are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to roll over their investment into one or more of four options.

 

What are my options?

 

You have four options to consider before our deadline of noon on Friday 14 June 2019. If the winding up and reconstruction is not approved by Shareholders, your holding will remain unchanged.

 

Option 1 – Rollover into JPMorgan Elect Managed Income Shares (DEFAULT). Shareholders can Rollover some or all of their investment into JPMorgan Elect Managed Income Shares. If you would like to receive JPMorgan Elect Managed Income Shares, you do not need to give an instruction. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 2 – Rollover into JPMorgan Elect Managed Growth Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Growth Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 3 – Rollover into JPMorgan Elect Managed Cash Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Cash Share Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 4 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

If you would like to split your elections please specify in the comment box below.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:60.00p
Buy:70.00p
Change: No change
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 25 June 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

El Oro Ltd Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 7 Jun 2019)

What is happening?


The Directors of El Oro Limited are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to roll over their investment into one or more of four options.

 

What are my options?

 

You have four options to consider before our deadline of noon on Friday 14 June 2019. If the winding up and reconstruction is not approved by Shareholders, your holding will remain unchanged.

 

Option 1 – Rollover into JPMorgan Elect Managed Income Shares (DEFAULT). Shareholders can Rollover some or all of their investment into JPMorgan Elect Managed Income Shares. If you would like to receive JPMorgan Elect Managed Income Shares, you do not need to give an instruction. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 2 – Rollover into JPMorgan Elect Managed Growth Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Growth Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 3 – Rollover into JPMorgan Elect Managed Cash Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Cash Share Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 4 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

If you would like to split your elections please specify in the comment box below.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:60.00p
Buy:70.00p
Change: No change
Market closed Prices as at close on 25 June 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

El Oro Ltd Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 7 Jun 2019)

What is happening?


The Directors of El Oro Limited are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to roll over their investment into one or more of four options.

 

What are my options?

 

You have four options to consider before our deadline of noon on Friday 14 June 2019. If the winding up and reconstruction is not approved by Shareholders, your holding will remain unchanged.

 

Option 1 – Rollover into JPMorgan Elect Managed Income Shares (DEFAULT). Shareholders can Rollover some or all of their investment into JPMorgan Elect Managed Income Shares. If you would like to receive JPMorgan Elect Managed Income Shares, you do not need to give an instruction. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 2 – Rollover into JPMorgan Elect Managed Growth Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Growth Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 3 – Rollover into JPMorgan Elect Managed Cash Shares. Shareholders can elect to Rollover some or all of their investment into JPMorgan Elect Managed Cash Share Shares. New Shares will be issued at a premium to the Net Asset Value (NAV) for more information please see our letter.

 

Option 4 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

If you would like to split your elections please specify in the comment box below.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Recent deals

Date Director name Director's position Deal type Number of
shares dealt
Price Value of trade Director's shares
remaining
N/A There were no director deals placed within the selected time period of 3 months
N/A There were no director deals placed within the selected time period of 6 months
N/A There were no director deals placed within the selected time period of 12 months

5 most significant trades

Date Director name Director's position Deal type Number of
shares dealt
Price Value of trade Director's shares
remaining
N/A There were no director deals placed within the selected time period of 3 months
N/A There were no director deals placed within the selected time period of 6 months
N/A There were no director deals placed within the selected time period of 12 months

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Director deal information provided by Factset.

Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.