Endeavour Announces Holding(s) in Company
Endeavour Mining has announced a significant change in shareholding. On July 11, 2024, BlackRock, Inc. informed Endeavour that it crossed a major threshold on July 10, 2024. The current holding is 13.41% of voting rights, a slight decrease from the previous 13.65%. This includes 12.03% through direct shares and 1.38% through financial instruments. BlackRock, Inc.'s complex ownership structure is highlighted, involving various subsidiaries globally. The notification provides insight into BlackRock's investment strategy and its impact on Endeavour's ownership landscape.
- BlackRock, Inc. holds a substantial 13.41% of voting rights in Endeavour Mining, indicating strong institutional investor confidence.
- The total voting rights held by BlackRock, Inc. decreased from 13.65% to 13.41%, potentially signaling a slight reduction in investor confidence.
Endeavour Mining plc (“the Company”) announces that on 11 July 2024 it received the following notification from Blackrock, Inc. of its interests in the Company as at 10 July 2024
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BL6K5J42
Issuer Name
ENDEAVOUR MINING PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
BlackRock, Inc.
City of registered office (if applicable)
Wilmington
Country of registered office (if applicable)
USA
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
10-Jul-2024
6. Date on which Issuer notified
11-Jul-2024
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 12.030000 | 1.380000 | 13.410000 | 32877483 |
| Position of previous notification (if applicable) | 11.920000 | 1.730000 | 13.650000 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BL6K5J42 | 29462231 | 12.030000 | ||
| Sub Total 8.A | 29462231 | |||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Securities Lending | 3275854 | 1.330000 | ||
| Sub Total 8.B1 | 3275854 | |||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| CFD | Cash | 139398 | 0.050000 | ||
| Sub Total 8.B2 | 139398 | ||||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| BlackRock, Inc. (Chain 1) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 1) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 1) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 1) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 1) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
| BlackRock, Inc. (Chain 1) | BlackRock HK Holdco Limited | |||
| BlackRock, Inc. (Chain 1) | BlackRock Lux Finco S.a.r.l. | |||
| BlackRock, Inc. (Chain 1) | BlackRock Japan Holdings GK | |||
| BlackRock, Inc. (Chain 1) | BlackRock Japan Co., Ltd. | |||
| BlackRock, Inc. (Chain 2) | Trident Merger, LLC | |||
| BlackRock, Inc. (Chain 2) | BlackRock Investment Management, LLC | |||
| BlackRock, Inc. (Chain 3) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 3) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 3) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 3) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 3) | BlackRock Holdco 3, LLC | |||
| BlackRock, Inc. (Chain 3) | BlackRock Cayman 1 LP | |||
| BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay Finco Limited | |||
| BlackRock, Inc. (Chain 3) | BlackRock Cayman West Bay IV Limited | |||
| BlackRock, Inc. (Chain 3) | BlackRock Group Limited | |||
| BlackRock, Inc. (Chain 3) | BlackRock Finance Europe Limited | |||
| BlackRock, Inc. (Chain 3) | BlackRock Investment Management (UK) Limited | 8.110000 | 0.630000 | |
| BlackRock, Inc. (Chain 4) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 4) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 4) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 4) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 4) | BlackRock Australia Holdco Pty. Ltd. | |||
| BlackRock, Inc. (Chain 4) | BlackRock Investment Management (Australia) Limited | |||
| BlackRock, Inc. (Chain 5) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 5) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 5) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 5) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 5) | BlackRock Holdco 3, LLC | |||
| BlackRock, Inc. (Chain 5) | BlackRock Cayman 1 LP | |||
| BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay Finco Limited | |||
| BlackRock, Inc. (Chain 5) | BlackRock Cayman West Bay IV Limited | |||
| BlackRock, Inc. (Chain 5) | BlackRock Group Limited | |||
| BlackRock, Inc. (Chain 5) | BlackRock International Limited | |||
| BlackRock, Inc. (Chain 6) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 6) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 6) | BlackRock Holdco 4, LLC | |||
| BlackRock, Inc. (Chain 6) | BlackRock Holdco 6, LLC | |||
| BlackRock, Inc. (Chain 6) | BlackRock Delaware Holdings Inc. | |||
| BlackRock, Inc. (Chain 6) | BlackRock Institutional Trust Company, National Association | |||
| BlackRock, Inc. (Chain 7) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 7) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 7) | BlackRock Holdco 4, LLC | |||
| BlackRock, Inc. (Chain 7) | BlackRock Holdco 6, LLC | |||
| BlackRock, Inc. (Chain 7) | BlackRock Delaware Holdings Inc. | |||
| BlackRock, Inc. (Chain 7) | BlackRock Fund Advisors | |||
| BlackRock, Inc. (Chain 8) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 8) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 9) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 9) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 9) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 9) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 9) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
| BlackRock, Inc. (Chain 9) | BlackRock HK Holdco Limited | |||
| BlackRock, Inc. (Chain 9) | BlackRock Asset Management North Asia Limited | |||
| BlackRock, Inc. (Chain 10) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 10) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 10) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 10) | BlackRock Canada Holdings ULC | |||
| BlackRock, Inc. (Chain 10) | BlackRock Asset Management Canada Limited | |||
| BlackRock, Inc. (Chain 11) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 11) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 11) | BlackRock Capital Holdings, Inc. | |||
| BlackRock, Inc. (Chain 11) | BlackRock Advisors, LLC | |||
| BlackRock, Inc. (Chain 12) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 12) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 12) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 12) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 12) | BlackRock Holdco 3, LLC | |||
| BlackRock, Inc. (Chain 12) | BlackRock Cayman 1 LP | |||
| BlackRock, Inc. (Chain 12) | BlackRock Cayman West Bay Finco Limited | |||
| BlackRock, Inc. (Chain 12) | BlackRock Cayman West Bay IV Limited | |||
| BlackRock, Inc. (Chain 12) | BlackRock Group Limited | |||
| BlackRock, Inc. (Chain 12) | BlackRock Finance Europe Limited | |||
| BlackRock, Inc. (Chain 12) | BlackRock Advisors (UK) Limited | |||
| BlackRock, Inc. (Chain 13) | BlackRock Holdco 2, Inc. | |||
| BlackRock, Inc. (Chain 13) | BlackRock Financial Management, Inc. | |||
| BlackRock, Inc. (Chain 13) | BlackRock International Holdings, Inc. | |||
| BlackRock, Inc. (Chain 13) | BR Jersey International Holdings L.P. | |||
| BlackRock, Inc. (Chain 13) | BlackRock (Singapore) Holdco Pte. Ltd. | |||
| BlackRock, Inc. (Chain 13) | BlackRock (Singapore) Limited | |||
| BlackRock, Inc. (Chain 14) | Trident Merger, LLC | |||
| BlackRock, Inc. (Chain 14) | BlackRock Investment Management, LLC | |||
| BlackRock, Inc. (Chain 14) | Amethyst Intermediate, LLC | |||
| BlackRock, Inc. (Chain 14) | Aperio Holdings, LLC | |||
| BlackRock, Inc. (Chain 14) | Aperio Group, LLC |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650
12. Date of Completion
11th July 2024
13. Place Of Completion
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Attachment
FAQ
What percentage of voting rights does BlackRock hold in Endeavour Mining as of July 10, 2024?
Did BlackRock increase or decrease its holdings in Endeavour Mining (EDVMF) on July 10, 2024?
What is the composition of BlackRock's voting rights in Endeavour Mining?
When did Endeavour Mining receive BlackRock's notification about the change in holdings?
