Condor Gold NED Jim Mellon adds to his holding

Posted on by

Condor Gold {AIM: CNR} have confirmed that Jim Mellon, a non-Executive director of the company increased his holding to 5.4% of the company through direct and indirect share purchases.

 

condor_logo

 

The Company was informed on 12th January 2017 that Jim Mellon, a non-Executive director of Condor, made the following share purchases on 12th January 2017:

Purchaser Number of Ordinary Shares Price paid

  • Galloway Limited 845,000 48.5p
  • Galloway Limited 396,000 50.5p
  • Jim Mellon directly 395,998 50.5p.

 

Accordingly, Jim Mellon now owns a direct and indirect aggregate shareholding of 2,858,040 Ordinary Shares or 5.40% of the Company.

 

The direct interest is in 1,094,818 Ordinary Shares and the indirect interest in 1,763,222 Ordinary Shares held through Galloway Limited. Galloway Limited is wholly owned by Burnbrae Group Limited which is, in turn, wholly owned by Jim Mellon.

 

– Ends – For further information please visit www.condorgold.com