Transaction in Own Shares
Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares, purchasing 11,000 ordinary shares on 16 September 2024. The shares were bought at prices ranging from 1,783.00 GBp to 1,820.00 GBp, with a volume-weighted average price of 1,802.35 GBp. Following the cancellation of these repurchased shares, the company will have 244,593,138 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 now be 244,593,138, which shareholders can use as the denominator for calculations related to disclosure requirements under the FCA's Disclosure Guidance and Transparency Rules.
Endeavour Mining plc (LSE:EDV, TSX:EDV) ha annunciato un'operazione sui propri titoli, acquistando 11.000 azioni ordinarie il 16 settembre 2024. Le azioni sono state acquistate a prezzi compresi tra 1.783,00 GBp e 1.820,00 GBp, con un prezzo medio ponderato per volume di 1.802,35 GBp. Dopo la cancellazione di queste azioni riacquistate, l'azienda avrà 244.593.138 azioni ordinarie in circolazione, senza azioni detenute in tesoreria.
Questo riacquisto di azioni fa parte del programma dell'azienda annunciato il 20 marzo 2024. I diritti di voto totali nell'azienda saranno ora 244.593.138, che gli azionisti possono utilizzare come denominatore per i calcoli relativi ai requisiti di divulgazione ai sensi delle Regole di Trasparenza e Divulgazione della FCA.
Endeavour Mining plc (LSE:EDV, TSX:EDV) ha anunciado una transacción en sus propias acciones, comprando 11,000 acciones ordinarias el 16 de septiembre de 2024. Las acciones se compraron a precios que oscilaron entre 1,783.00 GBp y 1,820.00 GBp, con un precio medio ponderado por volumen de 1,802.35 GBp. Tras la cancelación de estas acciones recompradas, la empresa tendrá 244,593,138 acciones ordinarias en circulación, sin acciones en tesorería.
Este programa de recompra de acciones es parte del plan anunciado por la empresa el 20 de marzo de 2024. Los derechos de voto totales en la empresa ahora serán 244,593,138, que los accionistas pueden utilizar como denominador para cálculos relacionados con los requisitos de divulgación según las Reglas de Divulgación y Transparencia de la FCA.
엔데버 마이닝 plc (LSE:EDV, TSX:EDV)는 2024년 9월 16일에 11,000주를 자사주 매입했다고 발표했습니다. 주가는 1,783.00 GBp에서 1,820.00 GBp 사이로 거래되었으며, 거래량 가중 평균가는 1,802.35 GBp입니다. 이 재매입된 주식이 취소된 후, 회사는 244,593,138주의 보통주를 발행하게 되며, 국고에 보유하고 있는 주식은 없습니다.
이번 자사주 매입은 2024년 3월 20일에 발표된 회사의 프로그램의 일환입니다. 회사의 총 투표권은 이제 244,593,138이 될 것이며, 주주들은 FCA의 공시 안내 및 투명성 규정에 따른 공시 요구사항 계산에 사용할 수 있는 분모로 사용할 수 있습니다.
Endeavour Mining plc (LSE:EDV, TSX:EDV) a annoncé une opération sur ses propres actions, en achetant 11 000 actions ordinaires le 16 septembre 2024. Les actions ont été achetées à des prix allant de 1 783,00 GBp à 1 820,00 GBp, avec un prix moyen pondéré par le volume de 1 802,35 GBp. Suite à l'annulation de ces actions rachetées, la société disposera de 244 593 138 actions ordinaires en circulation, sans actions détenues en trésorerie.
Ce programme de rachat d'actions fait partie du programme annoncé le 20 mars 2024. Les droits de vote total dans la société seront désormais de 244 593 138, que les actionnaires peuvent utiliser comme dénominateur pour les calculs liés aux exigences de divulgation selon les 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 16. September 2024 11.000 Stammaktien gekauft. Die Aktien wurden zu Preisen zwischen 1.783,00 GBp und 1.820,00 GBp erworben, mit einem volumengewichteten Durchschnittspreis von 1.802,35 GBp. Nach der Stornierung dieser zurückgekauften Aktien wird das Unternehmen 244.593.138 Stammaktien im Umlauf haben, ohne gehaltene Aktien im Treasury.
Dieses Aktienrückkaufprogramm ist Teil des Programms, das am 20. März 2024 angekündigt wurde. Die gesamten Stimmrechte im Unternehmen werden nun 244.593.138 betragen, die die Aktionäre als Nenner für Berechnungen im Zusammenhang mit den Offenlegungspflichten gemäß den Offenleitungs- und Transparenzregeln der FCA verwenden können.
- Endeavour Mining is actively managing its capital structure through a share buyback program
- The company is reducing the number of outstanding shares, potentially increasing value for remaining shareholders
- The share buyback reduces the company's cash reserves, which could impact future investment opportunities
ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES
London, 17 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: | 16 September 2024 |
| Aggregate number of ordinary shares of USD 0.01 each purchased: | 11,000 |
| Lowest price paid per share (GBp): | 1,783.00 |
| Highest price paid per share (GBp): | 1,820.00 |
| Volume weighted average price paid per share (GBp): | 1,802.35 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,593,138 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,593,138. 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: 16 September 2024
Investment firm: Stifel Nicolaus Europe Limited
Individual transactions
| Transaction date and time | Volume | Price (GBp) | Trading Venue |
| 16 Sep 2024, 09:13 AM | 744 | 1,820.00 | LSE |
| 16 Sep 2024, 09:23 AM | 247 | 1,820.00 | LSE |
| 16 Sep 2024, 09:23 AM | 9 | 1,820.00 | LSE |
| 16 Sep 2024, 09:29 AM | 203 | 1,814.00 | LSE |
| 16 Sep 2024, 09:29 AM | 797 | 1,814.00 | LSE |
| 16 Sep 2024, 09:49 AM | 127 | 1,815.00 | LSE |
| 16 Sep 2024, 09:49 AM | 394 | 1,815.00 | LSE |
| 16 Sep 2024, 09:49 AM | 479 | 1,815.00 | LSE |
| 16 Sep 2024, 10:00 AM | 1,000 | 1,815.00 | LSE |
| 16 Sep 2024, 10:41 AM | 1,108 | 1,806.00 | LSE |
| 16 Sep 2024, 10:41 AM | 392 | 1,806.00 | LSE |
| 16 Sep 2024, 10:46 AM | 219 | 1,803.00 | LSE |
| 16 Sep 2024, 10:46 AM | 1,000 | 1,803.00 | LSE |
| 16 Sep 2024, 10:46 AM | 281 | 1,803.00 | LSE |
| 16 Sep 2024, 11:26 AM | 1,000 | 1,796.00 | LSE |
| 16 Sep 2024, 11:26 AM | 500 | 1,794.00 | LSE |
| 16 Sep 2024, 11:26 AM | 500 | 1,794.00 | LSE |
| 16 Sep 2024, 11:26 AM | 500 | 1,794.00 | LSE |
| 16 Sep 2024, 12:38 PM | 1,500 | 1,783.00 | LSE |
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 16 September 2024?
What was the price range for Endeavour Mining's (EDVMF) share repurchases on 16 September 2024?
How many ordinary shares will Endeavour Mining (EDVMF) have in issue after this transaction?
When did Endeavour Mining (EDVMF) announce its current share buyback programme?
