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Endeavour Mining Corporation (EDVMF) is a leading intermediate gold producer operating four mines in West Africa. With a strong track record of production, the company focuses on sustainable growth, operational excellence, and responsible mining practices. Endeavour's recent achievement includes the successful delivery of its first gold in just two years, on budget and on schedule. The company's commitment to safety is evident through zero Lost Time Incidents (LTIs) with over 3.5 million man-hours worked. Endeavour Mining is dedicated to delivering shareholder value, as seen in its Shareholder Returns Programme and non-core asset divestment strategy.
Endeavour Mining plc has applied for the admission of 400,000 ordinary shares to be listed on the premium segment of the Official List and traded on the London Stock Exchange. Approval from the Financial Conduct Authority and the London Stock Exchange is pending, with expected admission on July 7, 2021. These shares are allocated under a block listing for the company's share incentive plans and will rank pari passu with existing shares.
Endeavour Mining plc has announced the purchase of 75,000 ordinary shares at a price of 1,552.3160 GBp each from Stifel Nicolaus Europe Limited, as part of its buy-back program initiated on June 15, 2021. Following the cancellation of these shares, the total number of ordinary shares outstanding will be 250,132,748, which shareholders can use to calculate their voting rights. This buy-back transaction is aimed at enhancing shareholder value.
Endeavour Mining plc announced the purchase of 50,000 ordinary shares at a price of 1,560.3592 GBp each on 30 June 2021, as part of its buy-back programme initiated on 15 June 2021. Following the cancellation of these shares, the total number of ordinary shares in issue will be 250,207,748, which will be the denominator for shareholder interest calculations as per FCA regulations. The shares were acquired through Stifel Nicolaus Europe Limited on the London Stock Exchange.
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.
Endeavour Mining announces the purchase of 126,967 ordinary shares at a price of 1,595.2236 GBp per share on June 25, 2021. This repurchase is part of a buyback program initiated on June 15, 2021. After the cancellation of the acquired shares, Endeavour will have 250,257,748 ordinary shares in circulation, with no shares held in treasury. This figure will be utilized by shareholders for interest notifications under FCA's rules. The transaction was executed by Stifel Nicolaus Europe Limited.
Endeavour Mining announces the purchase of 3,500 ordinary shares at a price of 1,599.5781 GBp each on June 24, 2021, as part of a buy-back program initiated on June 15, 2021. After the cancellation of these shares, the total issued shares will stand at 250,384,715, with no shares held in treasury. This move aims to bolster shareholder value and was executed through Stifel Nicolaus Europe Limited.
Endeavour Mining announced its purchase of 165,267 ordinary shares on 18 June 2021 at a price of 1,676.4005 GBp per share. This acquisition is part of a broader buy-back program initiated on 15 June 2021. Post-cancellation, the company will have 250,326,488 ordinary shares outstanding, with this number serving as the basis for shareholder voting rights. The repurchase aims to enhance shareholder value and reflects Endeavour's commitment to responsible mining practices across West Africa.
Endeavour Mining announces the application for a block listing of 2,121,121 ordinary shares on the London Stock Exchange (LSE), expected to be admitted on June 21, 2021. These shares will be reserved under a block listing for future issuance linked to the Company's share incentive plans. The block listing includes various replacement Teranga Stock Options with expiration dates from August 2021 to October 2023. Once issued, these shares will rank equally with existing shares, enhancing the Company's position in the market.
Endeavour Mining has announced the continuation of its share repurchase program, originally initiated by Endeavour Mining Corporation, allowing for the repurchase of up to 9,926,368 shares. As of June 15, 2021, 2,246,503 shares have already been repurchased, totaling approximately USD 53 million. The program, set to conclude on March 21, 2022, aims to enhance shareholder value through share cancellations. Trading may occur on both the Toronto and London Stock Exchanges, conducted by Stifel Nicolaus Europe Limited.
Endeavour Mining plc has announced the admission of its entire ordinary share capital of 250,491,755 shares to the premium listing on the London Stock Exchange (LSE) as of June 14, 2021. The shares will also trade on the Toronto Stock Exchange (TSX) under the ticker symbol EDV. This strategic move positions Endeavour as the largest pure gold producer in the premium segment of the LSE, granting access to a broader capital pool. The company targets a minimum dividend of $500 million by FY-2023, contingent upon gold prices remaining above $1,500/oz.
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