Transaction in Own Shares
Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme. On September 4, 2024, the company purchased 16,000 ordinary shares at prices ranging from 1,519.00 GBp to 1,556.69 GBp, with a volume-weighted average price of 1,530.97 GBp. Following the cancellation of these repurchased shares, Endeavour Mining will have 244,635,638 ordinary shares in issue, with no shares held in treasury. This figure represents the total voting rights in the company, which shareholders may use for disclosure calculations.
Endeavour Mining plc (LSE:EDV, TSX:EDV) ha annunciato una transazione sulle proprie azioni come parte del suo programma di riacquisto. Il 4 settembre 2024, l'azienda ha acquistato 16.000 azioni ordinarie a prezzi che variano da 1.519,00 GBp a 1.556,69 GBp, con un prezzo medio ponderato per volume di 1.530,97 GBp. Dopo la cancellazione di queste azioni riacquistate, Endeavour Mining avrà 244.635.638 azioni ordinarie in circolazione, senza azioni detenute in tesoreria. Questa cifra rappresenta il totale dei diritti di voto nella società, che gli azionisti possono utilizzare per i calcoli di divulgazione.
Endeavour Mining plc (LSE:EDV, TSX:EDV) ha anunciado una transacción en sus propias acciones como parte de su programa de recompra. El 4 de septiembre de 2024, la empresa compró 16.000 acciones ordinarias a precios que oscilan entre 1.519,00 GBp y 1.556,69 GBp, con un precio promedio ponderado por volumen de 1.530,97 GBp. Tras la anulación de estas acciones recompradas, Endeavour Mining tendrá 244.635.638 acciones ordinarias en circulación, sin acciones en tesorería. Esta cifra representa el total de los derechos de voto en la empresa, que los accionistas pueden utilizar para los cálculos de divulgación.
엔데버 마이닝 plc (LSE:EDV, TSX:EDV)는 자사 주식의 거래를 자사 매입 프로그램의 일환으로 발표했습니다. 2024년 9월 4일, 회사는 16,000주의 보통주를 1,519.00 GBp에서 1,556.69 GBp 범위의 가격으로 구매하였으며, 거래량 가중 평균 가격은 1,530.97 GBp입니다. 이러한 재구매된 주식이 취소된 후, 엔데버 마이닝은 244,635,638주의 보통주를 발행하게 되며, 자산에 보존된 주식은 없습니다. 이 숫자는 회사에서의 총 투표권을 나타내며, 주주들은 이를 공시 계산에 사용할 수 있습니다.
Endeavour Mining plc (LSE:EDV, TSX:EDV) a annoncé une opération sur ses propres actions dans le cadre de son programme de rachat. Le 4 septembre 2024, l'entreprise a acheté 16 000 actions ordinaires à des prix variant entre 1 519,00 GBp et 1 556,69 GBp, avec un prix moyen pondéré par le volume de 1 530,97 GBp. Suite à l'annulation de ces actions rachetées, Endeavour Mining aura 244 635 638 actions ordinaires en circulation, sans actions détenues en trésorerie. Ce chiffre représente le total des droits de vote de l'entreprise, pouvant être utilisés par les actionnaires pour des calculs de divulgation.
Endeavour Mining plc (LSE:EDV, TSX:EDV) hat eine Transaktion in eigenen Aktien als Teil seines Rückkaufprogramms bekannt gegeben. Am 4. September 2024 kaufte das Unternehmen 16.000 Stammaktien zu Preisen von 1.519,00 GBp bis 1.556,69 GBp, mit einem volumengewichteten Durchschnittspreis von 1.530,97 GBp. Nach der Streichung dieser zurückgekauften Aktien wird Endeavour Mining 244.635.638 Stammaktien im Umlauf haben, ohne Aktien in der Schatzkammer zu halten. Diese Zahl stellt die gesamten Stimmrechte im Unternehmen dar, die die Aktionäre für Offenlegungsberechnungen verwenden können.
- Implementation of a share buy-back programme, potentially indicating management's confidence in the company's value
- Reduction in the number of outstanding shares, which could potentially increase earnings per share
- Expenditure of company funds on share repurchases instead of other potential investments or operations
ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES
London, 5 September 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: | 4 September 2024 |
| Aggregate number of ordinary shares of USD 0.01 each purchased: | 16,000 |
| Lowest price paid per share (GBp): | 1,519.00 |
| Highest price paid per share (GBp): | 1,556.69 |
| Volume weighted average price paid per share (GBp): | 1,530.97 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,635,638 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,635,638. 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 2024.
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: 4 September 2024
Investment firm: Stifel Nicolaus Europe Limited
Individual transactions
| Transaction date and time | Volume | Price (GBp) | Trading Venue |
| 4 Sep 2024, 06:51 AM | 5,000 | 1,556.69* | LSE |
| 4 Sep 2024, 04:20 PM | 225 | 1,520.00 | LSE |
| 4 Sep 2024, 04:20 PM | 775 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 158 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 369 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 170 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 282 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 21 | 1,520.00 | LSE |
| 4 Sep 2024, 04:21 PM | 1,000 | 1,519.00 | LSE |
| 4 Sep 2024, 04:29 PM | 3 | 1,520.00 | LSE |
| 4 Sep 2024, 04:29 PM | 438 | 1,520.00 | LSE |
| 4 Sep 2024, 04:29 PM | 559 | 1,520.00 | LSE |
| 4 Sep 2024, 04:35 PM | 169 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 103 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 308 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 1,430 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 542 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 832 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 1,616 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 367 | 1,519.00 | LSE |
| 4 Sep 2024, 04:35 PM | 1,633 | 1,519.00 | LSE |
*CAD27.6328, Assumed GBP:CAD 1.7751
CONTACT INFORMATION
| For Investor Relations Enquiries: | For Media Enquiries: |
| Jack Garman | Brunswick Group LLP in London |
| Vice President of Investor Relations | Carole Cable, Partner |
| +44 203 011 2723 | + 44 207 404 5959 |
| investor@endeavourmining.com | ccable@brunswickgroup.com |
ABOUT ENDEAVOUR MINING PLC
Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.
A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.
For more information, please visit www.endeavourmining.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements, other than statements of historical fact, are "forward-looking statements". Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", and "anticipates".
Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedarplus.ca for further information respecting the risks affecting Endeavour and its business.
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FAQ
How many shares did Endeavour Mining (EDVMF) repurchase on September 4, 2024?
What was the price range for Endeavour Mining's (EDVMF) share repurchases on September 4, 2024?
What is the total number of voting rights in Endeavour Mining (EDVMF) after the share repurchase?
When did Endeavour Mining (EDVMF) announce its buy-back programme?
