Endeavour Announces Director/PDMR Shareholdings

Rhea-AI Summary

Endeavour Mining plc has announced transactions by Persons Discharging Managerial Responsibilities (PDMRs). Ian Cockerill, Chief Executive Officer, and Guy Young, Chief Financial Officer, were granted Performance Share Units (PSUs) under the Endeavour Executive Performance Share Unit Plan for Non-UK Participants. These grants were made as dividend equivalents following the payment of the H1 2024 interim dividend on 10 October 2024.

The details of the transactions are as follows:

• Ian Cockerill received 3,373 PSUs at a price of £15.6835 per unit
• Guy Young received 4,598 PSUs at a price of £15.6835 per unit

Both transactions took place outside a trading venue on 10 October 2024. The company's Legal Entity Identifier code is 529900NI5MXQ91GHXR07.

Positive

• Grant of Performance Share Units to key executives aligns their interests with shareholders
• Payment of H1 2024 interim dividend indicates positive cash flow

Negative

• None.

Endeavour Mining plc
17 October 2024

Notification of transactions by
Persons Discharging Managerial Responsibilities

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Ian Cockerill
2	Reason for the notification
(a)	Position/status	Chief Executive Officer/PDMR
(b)	Initial notification/Amendment	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 Identification code	Ordinary Shares of $0.01 each in Endeavour Mining plc GB00BL6K5J42
b)	Nature of the transaction	Grant of Performance Share Units under the terms of the Endeavour Executive Performance Share Unit Plan (Non-UK Participants), as dividend equivalents following the payment of the H1 2024 interim dividend, on 10 October 2024
c)	Currency	GBP
d)	Price and volume	Price	Volume
		£15.6835	3,373
	Aggregated information Aggregated Volume Price	N/A single transaction
e)	Date of the transaction	10 October 2024
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
(a)	Position/status	Chief Financial Officer/PDMR
(b)	Initial notification/Amendment	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 Identification code	Ordinary Shares of $0.01 each in Endeavour Mining plc GB00BL6K5J42
b)	Nature of the transaction	Grant of Performance Share Units under the terms of the Endeavour Executive Performance Share Unit Plan (Non-UK Participants), as dividend equivalents following the payment of the H1 2024 interim dividend, on 10 October 2024
c)	Currency	GBP
d)	Price and volume	Price	Volume
		£15.6835	4,598
	Aggregated information Aggregated Volume Price	N/A single transaction
e)	Date of the transaction	10 October 2024
f)	Place of the transaction	Outside a trading venue

Attachment

• PDMR Notification Guy Young and Ian Cockerill dividend equivalent 17 October 2024

FAQ

What type of shares were granted to Endeavour Mining's executives on October 10, 2024?

Performance Share Units (PSUs) were granted to Endeavour Mining's executives under the Endeavour Executive Performance Share Unit Plan for Non-UK Participants.

How many Performance Share Units did Ian Cockerill receive from Endeavour Mining (EDVMF) on October 10, 2024?

Ian Cockerill, the CEO of Endeavour Mining, received 3,373 Performance Share Units on October 10, 2024.

What was the price per unit of the Performance Share Units granted by Endeavour Mining (EDVMF) on October 10, 2024?

The price per unit of the Performance Share Units granted was £15.6835.

Why did Endeavour Mining (EDVMF) grant Performance Share Units to its executives on October 10, 2024?

The Performance Share Units were granted as dividend equivalents following the payment of the H1 2024 interim dividend on October 10, 2024.