Transaction in Own Shares

Rhea-AI Summary

Endeavour Mining announced the purchase of 93,436 of its ordinary shares on 4 June 2024 as part of its buy-back program initiated in March 2023. The shares were purchased at prices ranging from 1,660.00 to 1,710.00 GBp, with a volume-weighted average price of 1,675.48 GBp. Post-transaction, the total number of voting rights stands at 244,741,433 shares. This action aligns with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Positive

• Company repurchased 93,436 shares, potentially indicating confidence in its own stock value.
• The buy-back program aims to increase shareholder value by reducing the number of shares available.
• Post-purchase, the total voting rights stand at 244,741,433, providing a clear metric for shareholder calculations.

Negative

• The purchase price of shares ranged from 1,660.00 to 1,710.00 GBp, which may indicate higher costs associated with the buy-back.
• No shares will be held in treasury, reducing flexibility for future financial maneuvers.
• The buy-back could be interpreted as a lack of better investment opportunities within the company.

ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES

London, 5 June 2024 – Endeavour Mining plc (LSE:EDV, TSX:EDV) (“the Company”) announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited.

Aggregated information

Dates of purchase:	04 June 2024
Aggregate number of ordinary shares of USD 0.01 each purchased:	93,436
Lowest price paid per share (GBp):	1,660.00
Highest price paid per share (GBp):	1,710.00
Volume weighted average price paid per share (GBp):	1,675.48

Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,741,433 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,741,433. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

These share purchases form part of the Company's buy-back programme announced on 20 March 2023.

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Stifel Nicolaus Europe Limited as part of the buyback programme.

Schedule of purchases

Shares purchased: Endeavour Mining plc (ISIN: GB00BL6K5J42)

Dates of purchases: 04 June 2024

Investment firm: Stifel Nicolaus Europe Limited

Individual transactions

Transaction date and time	Volume	Price (GBp)	Trading Venue
4 Jun 2024, 08:23 AM	5	1,708.00	LSE
4 Jun 2024, 08:30 AM	600	1,708.00	LSE
4 Jun 2024, 08:30 AM	15	1,708.00	LSE
4 Jun 2024, 08:30 AM	300	1,708.00	LSE
4 Jun 2024, 08:30 AM	3	1,708.00	LSE
4 Jun 2024, 08:30 AM	10	1,708.00	LSE
4 Jun 2024, 08:30 AM	67	1,708.00	LSE
4 Jun 2024, 08:35 AM	321	1,708.00	LSE
4 Jun 2024, 08:35 AM	140	1,708.00	LSE
4 Jun 2024, 08:35 AM	32	1,708.00	LSE
4 Jun 2024, 08:35 AM	106	1,708.00	LSE
4 Jun 2024, 08:35 AM	401	1,708.00	LSE
4 Jun 2024, 08:35 AM	168	1,708.00	LSE
4 Jun 2024, 08:37 AM	832	1,708.00	LSE
4 Jun 2024, 08:43 AM	160	1,710.00	LSE
4 Jun 2024, 08:43 AM	31	1,710.00	LSE
4 Jun 2024, 08:43 AM	31	1,710.00	LSE
4 Jun 2024, 08:43 AM	80	1,710.00	LSE
4 Jun 2024, 08:43 AM	1,698	1,710.00	LSE
4 Jun 2024, 09:00 AM	229	1,705.00	LSE
4 Jun 2024, 09:00 AM	1,771	1,705.00	LSE
4 Jun 2024, 09:00 AM	150	1,704.00	LSE
4 Jun 2024, 09:00 AM	78	1,704.00	LSE
4 Jun 2024, 09:00 AM	80	1,704.00	LSE
4 Jun 2024, 09:00 AM	200	1,704.00	LSE
4 Jun 2024, 09:00 AM	492	1,704.00	LSE
4 Jun 2024, 09:03 AM	1,000	1,700.00	LSE
4 Jun 2024, 09:52 AM	74	1,690.00	LSE
4 Jun 2024, 09:52 AM	300	1,690.00	LSE
4 Jun 2024, 09:52 AM	138	1,690.00	LSE
4 Jun 2024, 09:52 AM	288	1,690.00	LSE
4 Jun 2024, 10:04 AM	92	1,690.00	LSE
4 Jun 2024, 10:04 AM	1,008	1,690.00	LSE
4 Jun 2024, 10:11 AM	27	1,688.00	LSE
4 Jun 2024, 10:11 AM	1,346	1,688.00	LSE
4 Jun 2024, 10:11 AM	127	1,688.00	LSE
4 Jun 2024, 10:11 AM	1,000	1,688.00	LSE
4 Jun 2024, 10:14 AM	105	1,686.00	LSE
4 Jun 2024, 10:14 AM	875	1,686.00	LSE
4 Jun 2024, 10:14 AM	120	1,686.00	LSE
4 Jun 2024, 10:14 AM	488	1,686.00	LSE
4 Jun 2024, 10:14 AM	170	1,686.00	LSE
4 Jun 2024, 10:14 AM	160	1,686.00	LSE
4 Jun 2024, 10:14 AM	29	1,686.00	LSE
4 Jun 2024, 10:14 AM	153	1,686.00	LSE
4 Jun 2024, 10:51 AM	71	1,687.00	LSE
4 Jun 2024, 10:51 AM	680	1,687.00	LSE
4 Jun 2024, 10:51 AM	49	1,687.00	LSE
4 Jun 2024, 11:42 AM	190	1,692.00	LSE
4 Jun 2024, 11:42 AM	600	1,692.00	LSE
4 Jun 2024, 11:42 AM	210	1,692.00	LSE
4 Jun 2024, 11:57 AM	31	1,689.00	LSE
4 Jun 2024, 11:57 AM	917	1,689.00	LSE
4 Jun 2024, 11:57 AM	252	1,689.00	LSE
4 Jun 2024, 12:05 PM	243	1,689.00	LSE
4 Jun 2024, 12:05 PM	50	1,689.00	LSE
4 Jun 2024, 12:05 PM	110	1,689.00	LSE
4 Jun 2024, 12:05 PM	300	1,689.00	LSE
4 Jun 2024, 12:05 PM	397	1,689.00	LSE
4 Jun 2024, 12:18 PM	148	1,688.00	LSE
4 Jun 2024, 12:18 PM	874	1,688.00	LSE
4 Jun 2024, 12:18 PM	1,200	1,688.00	LSE
4 Jun 2024, 12:51 PM	700	1,690.00	LSE
4 Jun 2024, 12:51 PM	800	1,690.00	LSE
4 Jun 2024, 02:34 PM	191	1,688.00	LSE
4 Jun 2024, 02:34 PM	809	1,688.00	LSE
4 Jun 2024, 02:34 PM	230	1,685.00	LSE
4 Jun 2024, 02:34 PM	206	1,685.00	LSE
4 Jun 2024, 02:34 PM	217	1,685.00	LSE
4 Jun 2024, 02:34 PM	171	1,685.00	LSE
4 Jun 2024, 02:34 PM	676	1,685.00	LSE
4 Jun 2024, 02:34 PM	675	1,684.00	LSE
4 Jun 2024, 02:34 PM	675	1,684.00	LSE
4 Jun 2024, 02:34 PM	150	1,684.00	LSE
4 Jun 2024, 02:37 PM	200	1,684.00	LSE
4 Jun 2024, 02:37 PM	675	1,684.00	LSE
4 Jun 2024, 02:37 PM	300	1,684.00	LSE
4 Jun 2024, 02:37 PM	25	1,684.00	LSE
4 Jun 2024, 02:40 PM

FAQ

What is the date of Endeavour Mining's share repurchase?

The share repurchase took place on 4 June 2024.

How many shares did Endeavour Mining repurchase on 4 June 2024?

Endeavour Mining repurchased 93,436 shares.

What is the volume-weighted average price Endeavour Mining paid for its shares?

The volume-weighted average price was 1,675.48 GBp.

What are the total voting rights of Endeavour Mining after the share repurchase?

The total voting rights are 244,741,433 shares.

What was the range of prices paid by Endeavour Mining for the share repurchase?

The prices ranged from 1,660.00 to 1,710.00 GBp.

What stock ticker does Endeavour Mining trade under?

Endeavour Mining trades under the stock ticker EDVMF.