Endeavour Announces Director/PDMR Shareholding

Rhea-AI Summary

Endeavour Mining plc (EDVMF) has announced a significant transaction by a Person Discharging Managerial Responsibilities (PDMR). Srinivasan Venkatakrishnan, the Chair of Endeavour Mining, has purchased 5,000 ordinary shares of the company at a price of £15.52598 per share. The transaction took place on August 7, 2024, on the London Stock Exchange. This insider buying activity could be seen as a positive signal, potentially indicating the Chair's confidence in the company's future prospects. The notification was made in compliance with regulatory requirements for director/PDMR shareholding disclosures.

Positive

• Chair of the company purchased 5,000 shares, potentially signaling confidence in the company's future
• Transaction value of approximately £77,630, representing a significant personal investment

Negative

• None.

Endeavour Mining plc
7 August 2024

Notification of transaction by
Persons Discharging Managerial Responsibilities

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Srinivasan Venkatakrishnan
2	Reason for the notification
	Position/status	Chair
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 US$0.01 each
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Currency	GBP
d)	Price and volume	Price	Volume
		15.52598	5,000
	Aggregated information Aggregated Volume   Price	N/A Single transaction
e)	Date of the transaction	7 August 2024
f)	Place of the transaction	London Stock Exchange (XLON)

Attachment

• PDMR Notification - Venkat Share purchase 7 August 2024

FAQ

How many shares did Srinivasan Venkatakrishnan purchase of Endeavour Mining (EDVMF) on August 7, 2024?

Srinivasan Venkatakrishnan, the Chair of Endeavour Mining (EDVMF), purchased 5,000 ordinary shares on August 7, 2024.

What was the price per share for Venkatakrishnan's purchase of Endeavour Mining (EDVMF) stock?

The price per share for Srinivasan Venkatakrishnan's purchase of Endeavour Mining (EDVMF) stock was £15.52598.

On which stock exchange did the Endeavour Mining (EDVMF) share purchase take place?

The share purchase of Endeavour Mining (EDVMF) by Srinivasan Venkatakrishnan took place on the London Stock Exchange (XLON).

What is the significance of this share purchase for Endeavour Mining (EDVMF)?

This share purchase by the Chair of Endeavour Mining (EDVMF) could be seen as a positive signal, potentially indicating confidence in the company's future prospects and aligning the Chair's interests with those of shareholders.