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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 August 7, 2024, the company purchased 39,551 ordinary shares at prices ranging from 1,544.74 to 1,578.00 GBp per share. The volume-weighted average price was 1,550.67 GBp. Following the cancellation of these repurchased shares, Endeavour will have 244,718,107 ordinary shares in issue, with no shares held in treasury. This figure represents the total voting rights in the company. The share purchases are part of the company's buy-back programme announced on March 20, 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) ha annunciato una transazione sui propri titoli come parte del suo programma di riacquisto. Il 7 agosto 2024, la società ha acquistato 39.551 azioni ordinarie a prezzi compresi tra 1.544,74 e 1.578,00 GBp per azione. Il prezzo medio ponderato per volume è stato di 1.550,67 GBp. Dopo la cancellazione di queste azioni riacquistate, Endeavour avrà 244.718.107 azioni ordinarie in circolazione, senza azioni detenute in tesoreria. Questo numero rappresenta il totale dei diritti di voto nella società. Gli acquisti di azioni fanno parte del programma di riacquisto 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 7 de agosto de 2024, la compañía compró 39,551 acciones ordinarias a precios que oscilaron entre 1,544.74 y 1,578.00 GBp por acción. El precio medio ponderado por volumen fue de 1,550.67 GBp. Tras la cancelación de estas acciones recompradas, Endeavour tendrá 244,718,107 acciones ordinarias en circulación, sin acciones mantenidas en tesorería. Esta cifra representa el total de derechos de voto en la compañía. Las compras de acciones son parte del programa de recompra anunciado el 20 de marzo de 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV)는 자사 주식 거래를 매입 프로그램의 일환으로 발표했습니다. 2024년 8월 7일, 회사는 39,551주 보통주를 주당 1,544.74에서 1,578.00 GBp의 가격으로 매입했습니다. 거래량 가중 평균 가격은 1,550.67 GBp였습니다. 이러한 재매입 주식의 취소 후, Endeavour는 244,718,107주 보통주를 발행하게 되며, 자산에서 보유한 주식은 없습니다. 이 수치는 회사의 총 투표권을 나타냅니다. 주식 구매는 2024년 3월 20일 발표된 매입 프로그램의 일환으로 이루어졌습니다.

Endeavour Mining plc (LSE:EDV, TSX:EDV) a annoncé une transaction sur ses propres actions dans le cadre de son programme de rachat. Le 7 août 2024, la société a acheté 39 551 actions ordinaires à des prix variant de 1 544,74 à 1 578,00 GBp par action. Le prix moyen pondéré par volume était de 1 550,67 GBp. Suite à l'annulation de ces actions rachetées, Endeavour disposera de 244 718 107 actions ordinaires en circulation, sans actions en trésorerie. Ce chiffre représente l'ensemble des droits de vote dans la société. Les achats d'actions font partie du programme de rachat annoncé le 20 mars 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) hat eine Transaktion in eigenen Aktien als Teil seines Rückkaufprogramms angekündigt. Am 7. August 2024 erwarb das Unternehmen 39.551 Stammaktien zu Preisen zwischen 1.544,74 und 1.578,00 GBp pro Aktie. Der volume-weighted average price lag bei 1.550,67 GBp. Nach der Streichung dieser zurückgekauften Aktien wird Endeavour 244.718.107 Stammaktien ausgegeben haben, ohne Aktien im Treasury. Diese Zahl stellt die gesamten Stimmrechte im Unternehmen dar. Die Aktienkäufe sind Teil des am 20. März 2024 angekündigten Rückkaufprogramms.

Positive
  • Ongoing share buyback program indicates confidence in company's financial position
  • Reduction in outstanding shares potentially increases earnings per share for remaining shareholders
Negative
  • Cash outflow of approximately £613,000 for share repurchases

ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES

London, 8 August 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:07 August 2024
Aggregate number of ordinary shares of USD 0.01 each purchased:39,551
Lowest price paid per share (GBp):                1,544.74
Highest price paid per share (GBp):        1,578.00
Volume weighted average price paid per share (GBp):        1,550.67

Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,718,107 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,718,107. 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: 07 August 2024

Investment firm: Stifel Nicolaus Europe Limited

Individual transactions

Transaction date and timeVolumePrice (GBp)Trading Venue
7 Aug 2024, 07:03 AM22,4701,544.74LSE
7 Aug 2024, 02:12 PM6931,571.00LSE
7 Aug 2024, 02:12 PM3071,571.00LSE
7 Aug 2024, 02:14 PM811,570.00LSE
7 Aug 2024, 02:18 PM1,0001,573.00LSE
7 Aug 2024, 02:26 PM541,578.00LSE
7 Aug 2024, 02:26 PM1401,578.00LSE
7 Aug 2024, 02:26 PM2541,578.00LSE
7 Aug 2024, 02:26 PM1371,578.00LSE
7 Aug 2024, 02:26 PM4151,578.00LSE
7 Aug 2024, 02:34 PM461,568.00LSE
7 Aug 2024, 02:34 PM351,568.00LSE
7 Aug 2024, 02:34 PM301,568.00LSE
7 Aug 2024, 02:34 PM401,568.00LSE
7 Aug 2024, 02:34 PM1001,568.00LSE
7 Aug 2024, 02:35 PM1271,568.00LSE
7 Aug 2024, 02:35 PM3001,568.00LSE
7 Aug 2024, 02:35 PM3221,568.00LSE
7 Aug 2024, 02:39 PM2001,560.00LSE
7 Aug 2024, 02:39 PM5001,560.00LSE
7 Aug 2024, 02:39 PM1001,560.00LSE
7 Aug 2024, 02:39 PM2001,560.00LSE
7 Aug 2024, 02:41 PM8871,551.00LSE
7 Aug 2024, 02:41 PM1131,551.00LSE
7 Aug 2024, 03:04 PM2001,554.00LSE
7 Aug 2024, 03:04 PM2501,554.00LSE
7 Aug 2024, 03:04 PM5501,554.00LSE
7 Aug 2024, 03:16 PM731,553.00LSE
7 Aug 2024, 03:16 PM9271,553.00LSE
7 Aug 2024, 03:18 PM2131,552.00LSE
7 Aug 2024, 03:18 PM1401,552.00LSE
7 Aug 2024, 03:18 PM6471,552.00LSE
7 Aug 2024, 03:27 PM2001,555.00LSE
7 Aug 2024, 03:27 PM8001,555.00LSE
7 Aug 2024, 03:27 PM2791,555.00LSE
7 Aug 2024, 03:27 PM551,555.00LSE
7 Aug 2024, 03:27 PM471,555.00LSE
7 Aug 2024, 03:27 PM2131,555.00LSE
7 Aug 2024, 03:27 PM1781,555.00LSE
7 Aug 2024, 03:27 PM1271,555.00LSE
7 Aug 2024, 03:27 PM1011,555.00LSE
7 Aug 2024, 03:34 PM91,558.00LSE
7 Aug 2024, 03:35 PM1571,558.00LSE
7 Aug 2024, 03:35 PM4881,558.00LSE
7 Aug 2024, 03:35 PM3461,558.00LSE
7 Aug 2024, 03:52 PM3471,551.00LSE
7 Aug 2024, 03:52 PM2581,551.00LSE
7 Aug 2024, 03:52 PM3061,551.00LSE
7 Aug 2024, 03:52 PM891,551.00LSE
7 Aug 2024, 04:02 PM1131,551.00LSE
7 Aug 2024, 04:02 PM6001,551.00LSE
7 Aug 2024, 04:02 PM1011,551.00LSE
7 Aug 2024, 04:02 PM1861,551.00LSE
7 Aug 2024, 04:13 PM1291,557.00LSE
7 Aug 2024, 04:13 PM6281,557.00LSE
7 Aug 2024, 04:13 PM2431,557.00LSE
7 Aug 2024, 04:19 PM751,552.00LSE
7 Aug 2024, 04:19 PM71,552.00LSE
7 Aug 2024, 04:19 PM11,552.00LSE
7 Aug 2024, 04:25 PM1211,552.00LSE
7 Aug 2024, 04:25 PM5001,552.00LSE
7 Aug 2024, 04:25 PM2961,552.00LSE
7 Aug 2024, 04:28 PM1041,554.00LSE
7 Aug 2024, 04:28 PM3001,554.00LSE
7 Aug 2024, 04:28 PM2001,554.00LSE
7 Aug 2024, 04:28 PM1001,554.00LSE
7 Aug 2024, 04:28 PM2961,554.00LSE

*CAD27.0468, Assumed GBP:CAD 1.7509

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 August 7, 2024?

Endeavour Mining repurchased 39,551 ordinary shares on August 7, 2024.

What was the price range for Endeavour Mining's (EDVMF) share repurchases on August 7, 2024?

The price range for the repurchased shares was between 1,544.74 GBp and 1,578.00 GBp per share.

What is the total number of outstanding shares for Endeavour Mining (EDVMF) after the August 7, 2024 repurchase?

After the repurchase and cancellation of shares, Endeavour Mining will have 244,718,107 ordinary shares in issue.

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

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

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