Holding(s) in Company

Rhea-AI Summary

On June 23, 2021, Endeavour Mining PLC was notified by BlackRock, Inc. of its significant shareholding in the company. As of June 22, 2021, BlackRock holds a total of 11.54% of Endeavour Mining's voting rights, with 11.21% through direct voting rights and 0.33% via financial instruments. The notification reflects the acquisition or disposal of voting rights related to shares and financial instruments. The increase in shareholding may suggest positive investor sentiment towards Endeavour Mining.

Positive

• BlackRock increased its shareholding in Endeavour Mining to 11.54%, indicating positive investor interest.
• Direct voting rights held by BlackRock amount to 11.21%, reflecting substantial confidence in the company's future.

Negative

• None.

On 23 June 2021, Endeavour Mining PLC received the following notification from BlackRock, Inc. of its interests in the Company as of 22 June 2021:

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; An acquisition or disposal of financial instruments

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

22-Jun-2021

6. Date on which Issuer notified

23-Jun-2021

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	11.210000	0.330000	11.540000	28936073
Position of previous notification (if applicable)	N/A	N/A	N/A

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		28071395		11.210000
Sub Total 8.A	28071395		11.210000%

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			850967	0.330000
Sub Total 8.B1			850967	0.330000%

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	13711	0.000000
Sub Total 8.B2				13711	0.000000%

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.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock (Singapore) Holdco Pte. Ltd.
	BlackRock HK Holdco Limited
	BlackRock Lux Finco S.a.r.l.
	BlackRock Japan Holdings GK
	BlackRock Japan Co., Ltd.
	BlackRock, Inc.
	Trident Merger, LLC
	BlackRock Investment Management, LLC
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Holdco 3, LLC
	BlackRock Cayman 1 LP
	BlackRock Cayman West Bay Finco Limited
	BlackRock Cayman West Bay IV Limited
	BlackRock Group Limited
	BlackRock Finance Europe Limited
	BlackRock Investment Management (UK) Limited	9.210000	0.040000	9.250000
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Australia Holdco Pty. Ltd.
	BlackRock Investment Management (Australia) Limited
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Holdco 4, LLC
	BlackRock Holdco 6, LLC
	BlackRock Delaware Holdings Inc.
	BlackRock Institutional Trust Company, National Association
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Holdco 4, LLC
	BlackRock Holdco 6, LLC
	BlackRock Delaware Holdings Inc.
	BlackRock Fund Advisors
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Holdco 3, LLC
	BlackRock Canada Holdings LP
	BlackRock Canada Holdings ULC
	BlackRock Asset Management Canada Limited
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Capital Holdings, Inc.
	BlackRock Advisors, LLC
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Holdco 3, LLC
	BlackRock Cayman 1 LP
	BlackRock Cayman West Bay Finco Limited
	BlackRock Cayman West Bay IV Limited
	BlackRock Group Limited
	BlackRock Finance Europe Limited
	BlackRock Advisors (UK) Limited

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

23rd June 2021

13. Place Of Completion

12 Throgmorton Avenue, London, EC2N 2DL, U.K

 

FAQ

What is BlackRock's current stake in Endeavour Mining (EDVMF)?

As of June 22, 2021, BlackRock holds 11.54% of Endeavour Mining's voting rights.

When did BlackRock notify Endeavour Mining of its shareholding?

BlackRock notified Endeavour Mining on June 23, 2021, regarding its stake as of June 22, 2021.

How are BlackRock's voting rights distributed in Endeavour Mining?

BlackRock holds 11.21% in direct voting rights and 0.33% through financial instruments.

What is the significance of BlackRock's increase in holdings in EDVMF?

The increase in holdings may indicate strong investor confidence and interest in Endeavour Mining.