AIM Rule 26

AIM Rule 26 Compliance

 

The following information is being disclosed for the purposes of AIM Rule 26.

 

Description of the business

 

Condor Gold PLC is a UK based, AIM market traded mineral exploration and development company with a strong focus on the exploration and development of gold and silver resources within Central America.

The company owns outright or can earn a majority interest in a substantial portfolio of concessions largely prospective for high-grade epithermal gold and silver in El Salvador and Nicaragua in Central America.

(Last updated 05/07/16)

 

Company Director's and Biographies

 

Please click here for a list of the company's directors and their biographies.

(Last updated 05/07/16)

 

Responsibilities of the Board of Directors

 

Please click here for a description of the responsibilities of the members of the board of directors.

(Last updated 05/07/16)

 

Committees of the Board of Directors and Their Responsibilities

 

Audit Committee

 
 

The Audit Committee comprises Mr J. Mellon (non-executive director), Mr. R. Davey (non-executive director).  Its terms of reference indicate that at least two regular meetings shall take place per year in addition to its formal meeting to review the findings for each financial year.

The chief financial officer and a representative of the external auditors are normally invited to attend meetings. Other directors or staff may be invited to attend, as considered beneficial by the committee.

The Audit Committee's primary responsibilities are to review the effectiveness of the company's systems of internal control; to review with the external auditors the nature and scope of their audit and the results of the audit; and to evaluate and select external auditors.
(Last updated 20/04/17)

Remuneration Committee

 

The Remuneration Committee plans to meet at least twice in each year. Its members are Mr. J. Mellon(non-executive director), Mr. R. Davey (non-executive director).

The company's policy is to remunerate senior executives fairly in such a manner as to facilitate the recruitment, retention and motivation of staff. The Remuneration Committee agrees with the Board, a framework for the remuneration of the chairman, the executive directors and the senior management of the company.

The principal objective of the committee is to ensure that members of the executive management of the company are provided incentives to encourage enhanced performance and are, in a fair and responsible manner, rewarded for their individual contributions to the success of the company. Non-executive fees are considered and agreed by the Board as a whole

(Last updated 20/04/17)

 

Country of Incorporation and Main Country of Operation

 
 

The company is registered in England and Wales, having been incorporated on 10th October 2005 under the UK Companies Act 1985 with registered number 5587987 and the name Condor Resources Limited.

The company re-registered as a public limited company, PLC, on 7th April 2006 under the name Condor Resources PLC. The company changed their name to Condor Gold plc on 29th June 2012

The company has four subsidiaries, Condor SA, Minerales Morazan SA de CV, La India Gold SA and Cerro Quirroz Gold SA (Cerro Quirroz Gold SA is currently dormant) operating in Nicaragua and El Salvador respectively, where technical/field operations take place.

The company's administration headquarters are in the UK.

(Last updated 05/07/16)

The Company is subject to the UK City Code on Takeovers and Mergers.

Please click here to view our Corporate Governance page.

 

Current Constitutional Documents

 

Please click here for Condor's constitutional document.

Please click here for Condor's certificate of name change and resolution

(Last updated 05/07/16)

 

Trading of securities

 

The company's shares were successfully admitted to trading on the AIM Market of the London Stock Exchange on 31st May 2006 (trading symbol "CNR"). 

Condor's securities are traded on the Börse-Berlin Stock Exchange (trading symbol "W5XA") further to an application made by Tradegate AG

Condor's securities are also traded on OTCQX (trading symbol "CNDGF").

(Last updated 23/04/17)

 

AIM Securities in Issue and Holdings of Significant Shareholders

 

Please click here for the number of AIM securities in issue and the percentage of AIM securities not held in public hands.

Please click here for the identity and percentage holding of the Company's significant shareholders.

(Last updated 05/07/16)

 

Restrictions on the Transfer of Shares

 

There are currently no restrictions on the transfer of shares.

(Last updated 05/07/16)

 

Company Reports

 

Please click here for Condor's Full Year Results for the 12 months to 31st December 2015.

Please click here for Condor's Interim Report for the six months ended 30th June 2015.

Please click here to view all of Condor's Reports for the last 3 years. 

(Last updated 05/07/16)

 

RNS Announcements

 

Please click here for a list of all the Company's RNS announcements released in the last 12 months.

(Last updated 20/04/17)

 

AIM Admission Document

 

Please click here for Condor's AIM admission document.

(Last updated 05/07/16)

 

Corporate Governance 
 
Please click here for details of the Corporate Governance code that Condor applies.
 
The Company is subject to the UK City Code on Takeovers and Mergers. 
 

Condor's Key Advisers

 

Please click here for details of the Company's Nominated Adviser and other key advisers to the company.

 

 

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