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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, purchasing 6,000 ordinary shares on 9 September 2024. The shares were bought at prices ranging from 1,553.00 to 1,560.00 GBp, with a volume-weighted average price of 1,556.00 GBp. Following the cancellation of these repurchased shares, the company will have 244,619,938 ordinary shares in issue, with no shares held in treasury.

This share buyback is part of the company's programme announced on 20 March 2024. The total voting rights in the company will be 244,619,938, 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.

Endeavour Mining plc (LSE:EDV, TSX:EDV) ha annunciato una transazione relativa alle proprie azioni, acquistando 6.000 azioni ordinarie il 9 settembre 2024. Le azioni sono state acquistate a prezzi variabili da 1.553,00 a 1.560,00 GBp, con un prezzo medio ponderato per volume di 1.556,00 GBp. Dopo l'annullamento di queste azioni riacquistate, la società avrà 244.619.938 azioni ordinarie emesse, senza azioni detenute in tesoreria.

Questo riacquisto di azioni fa parte del programma della società annunciato il 20 marzo 2024. I diritti di voto totali nella società saranno 244.619.938, che gli azionisti possono utilizzare come denominatore per calcoli volti a determinare se devono notificare il proprio interesse nella società secondo le Regole di Trasparenza e Divulgazione della FCA.

Endeavour Mining plc (LSE:EDV, TSX:EDV) ha anunciado una transacción en sus propias acciones, comprando 6,000 acciones ordinarias el 9 de septiembre de 2024. Las acciones se compraron a precios que oscilaban entre 1,553.00 y 1,560.00 GBp, con un precio promedio ponderado por volumen de 1,556.00 GBp. Tras la cancelación de estas acciones recompradas, la compañía tendrá 244,619,938 acciones ordinarias en circulación, sin acciones en tesorería.

Esta recompra de acciones es parte del programa de la compañía anunciado el 20 de marzo de 2024. Los derechos de voto totales en la compañía serán 244,619,938, que los accionistas pueden usar como denominador para cálculos que determinen si necesitan notificar su interés en la compañía bajo las Reglas de Divulgación y Transparencia de la FCA.

엔데버 마이닝 plc (LSE:EDV, TSX:EDV)는 2024년 9월 9일에 자사 주식 6,000주를 구매하는 거래를 발표했습니다. 주식은 가격이 1,553.00에서 1,560.00 GBp 사이로 거래되었으며, 거래량 가중 평균 가격은 1,556.00 GBp입니다. 이 재매입된 주식의 취소 후, 회사는 244,619,938 보통주를 발행하게 되며, 자산으로 보유하고 있는 주식은 없습니다.

이 주식 매입은 2024년 3월 20일에 발표된 회사의 프로그램의 일환입니다. 회사의 총 의결권은 244,619,938로, 주주들은 FCA의 공시 및 투명성 규칙에 따라 회사에 대한 자신의 관심을 통지해야 할지 계산할 때 분모로 사용할 수 있습니다.

Endeavour Mining plc (LSE:EDV, TSX:EDV) a annoncé une transaction sur ses propres actions, en achetant 6 000 actions ordinaires le 9 septembre 2024. Les actions ont été achetées à des prix variant de 1 553,00 à 1 560,00 GBp, avec un prix moyen pondéré par le volume de 1 556,00 GBp. Suite à l'annulation de ces actions rachetées, la société aura 244 619 938 actions ordinaires en circulation, sans actions détenues en trésorerie.

Ce rachat d'actions fait partie du programme de l'entreprise annoncé le 20 mars 2024. Les droits de vote totaux dans la société s'élèveront à 244 619 938, que les actionnaires peuvent utiliser comme dénominateur pour calculer s'ils doivent notifier leur intérêt dans la société conformément aux Règles de divulgation et de transparence de la FCA.

Endeavour Mining plc (LSE:EDV, TSX:EDV) hat eine Transaktion in eigenen Aktien angekündigt und am 9. September 2024 6.000 Stammaktien gekauft. Die Aktien wurden zu Preisen zwischen 1.553,00 und 1.560,00 GBp erworben, mit einem volumengewogenen Durchschnittspreis von 1.556,00 GBp. Nach der Stornierung dieser zurückgekauften Aktien wird das Unternehmen 244.619.938 Stammaktien im Umlauf haben, ohne eigene Aktien im Bestand.

Dieser Aktienrückkauf ist Teil des Programms, das am 20. März 2024 angekündigt wurde. Die gesamten Stimmrechte im Unternehmen werden 244.619.938 betragen, die die Aktionäre als Nenner für Berechnungen verwenden können, um festzustellen, ob sie ihr Interesse am Unternehmen gemäß den Offenlegungs- und Transparenzrichtlinien der FCA melden müssen.

Positive
  • Continuation of share buyback program, potentially indicating confidence in the company's value
  • Reduction in total number of shares, which could potentially increase earnings per share
Negative
  • Expenditure of company funds on share repurchases instead of other potential investments or operations

ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES

London, 10 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:9 September 2024
Aggregate number of ordinary shares of USD 0.01 each purchased:6,000
Lowest price paid per share (GBp):                1,553.00
Highest price paid per share (GBp):        1,560.00
Volume weighted average price paid per share (GBp):        1,556.00

Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,619,938 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,619,938. 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: 9 September 2024

Investment firm: Stifel Nicolaus Europe Limited

Individual transactions

Transaction date and timeVolumePrice (GBp)Trading Venue
9 Sep 2024, 02:38 PM291,560.00LSE
9 Sep 2024, 02:38 PM1001,560.00LSE
9 Sep 2024, 02:38 PM8711,560.00LSE
9 Sep 2024, 02:46 PM1,0001,559.00LSE
9 Sep 2024, 03:21 PM5921,556.00LSE
9 Sep 2024, 03:21 PM4081,556.00LSE
9 Sep 2024, 03:26 PM1791,553.00LSE
9 Sep 2024, 03:26 PM1731,553.00LSE
9 Sep 2024, 03:26 PM391,553.00LSE
9 Sep 2024, 03:26 PM6091,553.00LSE
9 Sep 2024, 03:44 PM1751,553.00LSE
9 Sep 2024, 03:44 PM3001,553.00LSE
9 Sep 2024, 03:44 PM3001,553.00LSE
9 Sep 2024, 03:44 PM2251,553.00LSE
9 Sep 2024, 03:46 PM581,555.00LSE
9 Sep 2024, 03:46 PM9421,555.00LSE

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 9, 2024?

Endeavour Mining repurchased 6,000 ordinary shares on September 9, 2024.

What was the price range for Endeavour Mining's (EDVMF) share repurchases on September 9, 2024?

The shares were purchased at prices ranging from 1,553.00 to 1,560.00 GBp, with a volume-weighted average price of 1,556.00 GBp.

How many outstanding shares will Endeavour Mining (EDVMF) have after this repurchase?

After the cancellation of the repurchased shares, Endeavour Mining will have 244,619,938 ordinary shares in issue.

When did Endeavour Mining (EDVMF) announce its current share buyback programme?

Endeavour Mining announced its current share buyback programme on March 20, 2024.

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