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Transaction in Own Shares

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Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme. On 25 September 2024, the company purchased 20,000 ordinary shares at a volume weighted average price of 1,853.13 GBp per share from Stifel Nicolaus Europe

Following the cancellation of the repurchased shares, Endeavour Mining will have no ordinary shares in treasury and 244,533,934 ordinary shares in issue. The total voting rights in the company will be 244,533,934, which shareholders can use as the denominator for calculations to determine if they need to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.

This share purchase is part of the company's buy-back programme announced on 20 March 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) ha annunciato una transazione nel proprio capitale azionario come parte del suo programma di riacquisto. Il 25 settembre 2024, l'azienda ha acquistato 20.000 azioni ordinarie a un prezzo medio ponderato per volume di 1.853,13 GBp per azione da Stifel Nicolaus Europe.

In seguito alla cancellazione delle azioni riacquistate, Endeavour Mining non avrà azioni ordinarie in tesoreria e 244.533.934 azioni ordinarie in circolazione. I diritti di voto totali nell'azienda saranno 244.533.934, che gli azionisti possono utilizzare come denominatore per i calcoli per determinare se devono notificare il proprio interesse nell'azienda secondo le Regole di Trasparenza e di Comunicazione della FCA.

Questo acquisto di azioni fa parte del programma di riacquisto dell'azienda annunciato il 20 marzo 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) ha anunciado una transacción en sus propias acciones como parte de su programa de recompra. El 25 de septiembre de 2024, la empresa compró 20,000 acciones ordinarias a un precio promedio ponderado de 1,853.13 GBp por acción de Stifel Nicolaus Europe.

Tras la cancelación de las acciones recompradas, Endeavour Mining no tendrá acciones ordinarias en tesorería y 244,533,934 acciones ordinarias en circulación. Los derechos de voto totales en la empresa serán 244,533,934, que los accionistas pueden utilizar como denominador para los cálculos que determinen si necesitan notificar su interés en la empresa bajo las Normas de Divulgación y Transparencia de la FCA.

Esta compra de acciones es parte del programa de recompra de la empresa anunciado el 20 de marzo de 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV)는 자사주 매입 프로그램의 일환으로 자사 주식 거래를 발표했습니다. 2024년 9월 25일, 이 회사는 Stifel Nicolaus Europe로부터 주당 1,853.13 GBp의 거래량 가중 평균 가격으로 20,000주의 보통주를 매입했습니다.

재매입된 주식의 취소에 따라 Endeavour Mining은 재무에 있는 보통주가 없다244,533,934주의 보통주를 발행했다고 밝혔습니다. 회사의 총 의결권은 244,533,934개로, 주주들은 FCA의 공시 및 투명성 규칙에 따라 회사에 대한 자신들의 관심을 통지해야 하는지 여부를 결정하기 위한 계산의 분모로 사용할 수 있습니다.

이번 주식 구매는 2024년 3월 20일에 발표된 회사의 매입 프로그램의 일환입니다.

Endeavour Mining plc (LSE:EDV, TSX:EDV) a annoncé une transaction sur ses propres actions dans le cadre de son programme de rachat. Le 25 septembre 2024, la société a acheté 20 000 actions ordinaires à un prix moyen pondéré par le volume de 1 853,13 GBp par action de Stifel Nicolaus Europe.

Suite à l'annulation des actions rachetées, Endeavour Mining n'aura aucune action ordinaire en trésorerie et 244 533 934 actions ordinaires en circulation. Les droits de vote totaux dans la société seront de 244 533 934, que les actionnaires peuvent utiliser comme dénominateur pour les calculs afin de déterminer s'ils doivent notifier leur intérêt dans la société conformément aux règles de divulgation et de transparence de la FCA.

Achat d'actions qui fait partie du programme de rachat annoncé le 20 mars 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) hat eine Transaktion in eigenen Aktien im Rahmen seines Rückkaufprogramms angekündigt. Am 25. September 2024 kaufte das Unternehmen 20.000 Stammaktien zu einem volumengewichteten Durchschnittspreis von 1.853,13 GBp pro Aktie von Stifel Nicolaus Europe.

Nach der Stornierung der zurückgekauften Aktien wird Endeavour Mining keine Stammaktien im Treasury und 244.533.934 ausgegebene Stammaktien haben. Die Gesamtzahl der Stimmrechte im Unternehmen beträgt 244.533.934, die Aktionäre als Nenner für Berechnungen verwenden können, um festzustellen, ob sie ihr Interesse am Unternehmen gemäß den Offenlegungsrichtlinien und Transparenzregeln der FCA melden müssen.

Dieser Aktienkauf ist Teil des Rückkaufprogramms, das am 20. März 2024 angekündigt wurde.

Positive
  • Implementing a share buy-back program, potentially increasing shareholder value
  • Reduction in outstanding shares, potentially improving earnings per share metrics
Negative
  • Expenditure of company funds on share repurchases instead of other potential investments or operations

ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES

London, 26 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:25 September 2024
Aggregate number of ordinary shares of USD 0.01 each purchased:20,000
Lowest price paid per share (GBp):                1,853.13
Highest price paid per share (GBp):        1,853.13
Volume weighted average price paid per share (GBp):        1,853.13

Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,533,934 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,533,934. 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: 25 September 2024

Investment firm: Stifel Nicolaus Europe Limited

Individual transactions

Transaction date and timeVolumePrice (GBp)Trading Venue
25 Sep 2024, 07:36 AM20,0001,853.13LSE

*CAD33.3638, assumed GBP:CAD 1.8004

CONTACT INFORMATION

For Investor Relations Enquiries:For Media Enquiries:
Jack GarmanBrunswick Group LLP in London
Vice President of Investor RelationsCarole Cable, Partner
+44 203 011 2723+ 44 207 404 5959
investor@endeavourmining.comccable@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 25, 2024?

Endeavour Mining plc repurchased 20,000 ordinary shares on September 25, 2024.

What was the volume weighted average price paid per share in the Endeavour Mining (EDVMF) buyback on September 25, 2024?

The volume weighted average price paid per share was 1,853.13 GBp.

How many ordinary shares will Endeavour Mining (EDVMF) have in issue after this transaction?

After this transaction, Endeavour Mining plc will have 244,533,934 ordinary shares in issue.

When did Endeavour Mining (EDVMF) announce its current buy-back programme?

Endeavour Mining plc announced its current buy-back programme on March 20, 2024.

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