Holding(s) in Company

Rhea-AI Summary

On November 7, 2022, Endeavour Mining received a notification from Van Eck Associates regarding their holdings as of November 4, 2022. Van Eck now holds 10.06% of voting rights, an increase from 9.99%. The notification covers various Van Eck funds, including the VanEck Gold Miners ETFs. The total number of voting rights amounts to 245,885,760. This acquisition reflects the growing investment interest in Endeavour Mining from Van Eck, signifying potential confidence in the company's future prospects.

Positive

• Increase in Van Eck's voting rights in Endeavour Mining from 9.99% to 10.06%.
• Indicates growing investor confidence in Endeavour Mining.

Negative

• None.

On 7 November 2022 Endeavour Mining plc received the following notification from Van Eck Associates Corporation of its interests in the Company as of 4 November 2022

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached			ENDEAVOUR MINING PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name			Van Eck Associates Corporation
City and country of registered office (if applicable)			New York, NY USA
4. Full name of shareholder(s) (if different from 3.)
Name			VanEck Gold Miners ETF VanEck Junior Gold Miners ETF VanEck Global Resources Fund VanEck Natural Resources ETF International Investors Gold LODH World Gold Expertise Fund Fwds Brighthouse Global Natural Resources VanEck Global Mining UCITS ETF VanEck Gold Miners UCITS ETF VanEck Junior Gold Miners UCITS ETF VanEck Global Resources UCITS VanEck VIP Global Gold Fund VE VIP Global Resources Fund VanEck Africa Index ETF VanEck Gold Miners ETF (AU)
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:			04/11/2022
6. Date on which issuer notified (DD/MM/YYYY):			07/11/2022
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 of issuer
Resulting situation on the date on which threshold was crossed or reached	10.06%			10.06%	245,885,760
Position of previous notification (if applicable)	9.99%			9.99%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights				% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BL6K5J42	24,736,374				10.06%
SUBTOTAL 8. A	24,736,374				10.06%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (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
		SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration date	Exercise/ Conversion Period xi	Physical or cash settlement	Number of voting rights	% of voting rights
			SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer
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 entity (please add additional rows as necessary)				X
Name	% 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
VanEck Gold Miners ETF	5.42%		5.42%
VanEck Junior Gold Miners ETF	2.44%		2.44%
VanEck Global Resources Fund	0.20%		0.20%
VanEck Natural Resources ETF	0.00%		0.00%
International Investors Gold	0.87%		0.87%
LODH World Gold Expertise Fund Fwds	0.05%		0.05%
Brighthouse Global Natural Resources	0.17%		0.17%
VanEck Global Mining UCITS ETF	0.02%		0.02%
VanEck Gold Miners UCITS ETF	0.33%		0.33%
VanEck Junior Gold Miners UCITS ETF	0.26%		0.26%
VanEck Global Resources UCITS	0.01%		0.01%
VanEck VIP Global Gold Fund	0.08%		0.08%
VE VIP Global Resources Fund	0.05%		0.05%
VanEck Africa Index ETF	0.02%		0.02%
VanEck Gold Miners ETF (AU)	0.14%		0.14%
10. In case of proxy voting, please identify:
Name of the proxy holder		Glass Lewis
The number and % of voting rights held		24,736,374 shares and 10.06% voting rights
The date until which the voting rights will be held		Open
11. Additional information

Place of completion	Tampa, FL, USA
Date of completion	7 November 2022

Attachment

• 091122 - TR1 Van Eck 07.11.22

FAQ

What is the current percentage of voting rights held by Van Eck Associates in Endeavour Mining?

As of November 4, 2022, Van Eck Associates holds 10.06% of voting rights in Endeavour Mining.

When did Van Eck Associates notify Endeavour Mining about their increased holdings?

Van Eck Associates notified Endeavour Mining on November 7, 2022.

What was the previous percentage of voting rights held by Van Eck in Endeavour Mining?

The previous percentage of voting rights held by Van Eck was 9.99%.

What is the total number of voting rights for Endeavour Mining?

The total number of voting rights for Endeavour Mining is 245,885,760.

Which funds are associated with Van Eck's holdings in Endeavour Mining?

The funds include VanEck Gold Miners ETF, VanEck Junior Gold Miners ETF, and several others.