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 and TSX 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's shares are also cross-traded on the TSX and OTCQX.

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


Company Director's and Biographies


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



Responsibilities of the Board of Directors


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



Committees of the Board of Directors and Their Responsibilities

Audit Committee


The Audit Committee comprises Mr J Mellon (non-executive director), Ms K Harcourt (non-executive director) and Mr A Cheatle (non-executive director).  

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. To see the Charter of The Audit Committee, click here.


Remuneration Committee


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



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 three subsidiaries, Condor SA, La India Gold SA & La India Inversiones, S.A. operating in Nicaragua, where technical/field operations take place.

The company's administration headquarters are in the UK.

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



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"). On 15th January 2018 the company shares were also listed on the Toronto Stock Exchange with trading symbol COG.

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

In addition, Condor's securities are also traded on OTCQX Market in the United States operated by OTC Markets Group Inc. (trading symbol "CNDGF").



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 19/09/17)


Restrictions on the Transfer of Shares


There are currently no restrictions on the transfer of shares.



Company Reports


Please click here for Condor's latest Annual Report 

Please click here for Condor's latest Interim Report 

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



RNS Announcements


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



AIM Admission Document


Please click here for Condor's AIM admission document.



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.


VAT Registered - 152511150

(Page Last Updated: 10/11/17)