Holding(s) in Company

Rhea-AI Summary

On May 17, 2022, Endeavour Mining received a notification from BlackRock detailing its interests in the company as of May 13, 2022. BlackRock reported holding 11.5% of voting rights attached to shares, amounting to 28,505,624 shares. Additionally, 0.34% of voting rights are held through financial instruments, totaling 862,782 rights. These adjustments mark a decrease from its previous position, which was 12.23%. This update is crucial for investors as it reflects changes in significant shareholders and their impact on the company's governance.

Positive

• BlackRock now holds 11.5% of voting rights, indicating strong institutional interest.
• The total number of voting rights held in the issuer is 29,375,319.

Negative

• BlackRock's holding decreased from 12.23%, suggesting reduced confidence.
• The percentage of voting rights through financial instruments has also declined.

On 17 May 2022 Endeavour Mining plc received the following notification from Blackrock, Inc. of its interests in the company as of 13 May 2022:

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

13-May-2022

6. Date on which Issuer notified

17-May-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 held in issuer
Resulting situation on the date on which threshold was crossed or reached	11.500000	0.340000	11.840000	29375319
Position of previous notification (if applicable)	11.880000	0.350000	12.230000

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		28505624		11.500000
Sub Total 8.A	28505624		11.500000%

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			862782	0.340000
Sub Total 8.B1			862782	0.340000%

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	6913	0.000000
Sub Total 8.B2				6913	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. (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	10.390000	0.150000	10.550000%
BlackRock, Inc. (Chain 4)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 4)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 4)	BlackRock Holdco 4, LLC
BlackRock, Inc. (Chain 4)	BlackRock Holdco 6, LLC
BlackRock, Inc. (Chain 4)	BlackRock Delaware Holdings Inc.
BlackRock, Inc. (Chain 4)	BlackRock Institutional Trust Company, National Association
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 Canada Holdings LP
BlackRock, Inc. (Chain 5)	BlackRock Canada Holdings ULC
BlackRock, Inc. (Chain 5)	BlackRock Asset Management Canada Limited
BlackRock, Inc. (Chain 6)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 6)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 6)	BlackRock Capital Holdings, Inc.
BlackRock, Inc. (Chain 6)	BlackRock Advisors, LLC
BlackRock, Inc. (Chain 7)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 7)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 7)	BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 7)	BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 7)	BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 7)	BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 7)	BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 7)	BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 7)	BlackRock Group Limited
BlackRock, Inc. (Chain 7)	BlackRock Finance Europe Limited
BlackRock, Inc. (Chain 7)	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

17th May 2022

13. Place Of Completion

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

Attachment

• 230522 - TR1 Blackrock 17.05.2022

FAQ

What is the latest shareholder update for Endeavour Mining (EDVMF)?

As of May 13, 2022, BlackRock holds 11.5% of voting rights in Endeavour Mining.

How many voting rights does BlackRock hold in Endeavour Mining?

BlackRock holds 28,505,624 voting rights, which is 11.5% of the total.

Did BlackRock increase or decrease its stake in Endeavour Mining (EDVMF)?

BlackRock's stake in Endeavour Mining decreased from 12.23% to 11.5%.

What does the latest notification from BlackRock mean for Endeavour Mining shareholders?

The notification indicates a reduction in BlackRock's stake, which could impact investor sentiment.