Director/PDMR Shareholding

Rhea-AI Summary

On April 11, 2023, Endeavour Mining plc announced managerial transactions involving Sébastien de Montessus, Guy Young, and Mark Morcombe. Notably, de Montessus, as Executive Director, received Performance Share Units under the Executive Performance Share Unit Plan, subject to a three-year performance condition. Guy Young and Mark Morcombe also participated in similar transactions as PDMRs. The transactions observed a total of 303,289 ordinary shares granted to de Montessus and shares to Young and Morcombe under various conditions dating from February to March 2023. The Legal Entity Identifier for Endeavour Mining is 529900NI5MXQ91GHXR07. These transactions occurred outside trading venues and are expected to align executive incentives with company performance.

Positive

• 303,289 ordinary shares granted to Sébastien de Montessus under performance-based incentives.
• Strengthened alignment of executive compensation with company performance through Performance Share Units.

Negative

• None.

Endeavour Mining plc
11 April 2023

Notification of transactions by
Persons Discharging Managerial Responsibilities

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Sébastien de Montessus
2	Reason for the notification
	Position/status	Executive Director
	Initial notification/ amendments	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Grant of Performance Share Units under Executive Performance Share Unit Plan (Non-UK participants). Subject to performance conditions measured over a three year period.
c)	Currency	N/A
d)	Price and volume	Price	Volume
		N/A	303,289
	Aggregated information Aggregated Volume Price	303,289 Ordinary Shares Nil
e)	Date of the transaction	20 March 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Sébastien de Montessus
2	Reason for the notification
	Position/status	Executive Director
	Initial notification/ amendments	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Receipt of Performance Share Units pursuant to the payment of dividends under the Dividend Reinvestment Plan
c)	Currency	N/A
d)	Price and volume	Price	Volume
		N/A	5,722
	Aggregated information Aggregated Volume Price	5,722 Ordinary Shares Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Guy Young
2	Reason for the notification
	Position/status	PDMR
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Grant of Performance Share Units under Executive Performance Share Unit Plan (Non-UK participants). Subject to performance conditions measured over a three year period.
c)	Currency
d)	Price and volume	Price	Volume
		N/A	2022 Grant -11,832 2021 Grant -11,277
	Aggregated information Aggregated Volume Price	23,109 Ordinary Shares Nil
e)	Date of the transaction	27 February 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Guy Young
2	Reason for the notification
	Position/status	PDMR
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Grant of Performance Share Units under Executive Performance Share Unit Plan (Non-UK participants). Subject to performance conditions measured over a three year period.
c)	Currency
d)	Price and volume	Price	Volume
		N/A	2023 Grant 81,035
	Aggregated information Aggregated Volume Price	81,035 Ordinary Shares Nil
e)	Date of the transaction	20 March 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Mark Morcombe
2	Reason for the notification
	Position/status	PDMR
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Grant of Performance Share Units under Executive Performance Share Unit Plan (Non-UK participants). Subject to performance conditions measured over a three year period.
c)	Currency	GBP
d)	Price and volume	Price	Volume
			104,256
	Aggregated information Aggregated Volume Price	- 104,256 Ordinary Shares - Nil
e)	Date of the transaction	20 March 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Mark Morcombe
2	Reason for the notification
	Position/status	PDMR
	Initial notification/ amendments	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary Shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Receipt of Performance Share Units pursuant to the payment of dividends under the Dividend Reinvestment Plan
c)	Currency	N/A
d)	Price and volume	Price	Volume
		N/A	1,967
	Aggregated information Aggregated Volume Price	1,967 Ordinary Shares Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	Outside a trading venue

Attachment

• PDMR Notification_SdM_Guy Young and Mark Morcombe LTIPs grants 11 April 2023 vf

FAQ

What share transactions were reported by Endeavour Mining on April 11, 2023?

Endeavour Mining reported that Sébastien de Montessus received 303,289 ordinary shares as Performance Share Units, along with smaller grants to Guy Young and Mark Morcombe.

Who are the individuals involved in the recent transactions at Endeavour Mining?

The individuals involved are Sébastien de Montessus (Executive Director), Guy Young, and Mark Morcombe, both of whom are PDMRs.

What is the significance of the Performance Share Units granted by Endeavour Mining?

The Performance Share Units are intended to align the executives' incentives with the company's performance over a three-year period.

When did the reported transactions by the management of Endeavour Mining take place?

The transactions occurred between February 27 and March 28, 2023.

Where can I find more information about Endeavour Mining's recent transactions?

More information can be found in the official press release dated April 11, 2023, or on their corporate website.