Transaction in Own Shares
Endeavour Mining has announced a share buyback transaction, purchasing 30,000 ordinary shares at a volume weighted average price of 1,847.68 GBp per share on October 24, 2024. Following the cancellation of repurchased shares, the company will have 244,271,221 ordinary shares in issue, with no shares held in treasury. This transaction is part of the company's buyback programme announced on March 20, 2024. The total voting rights in the company will be 244,271,221, which shareholders can use as the denominator for calculating their interest notifications under FCA's Disclosure Guidance.
Endeavour Mining ha annunciato una transazione di riacquisto di azioni, acquistando 30.000 azioni ordinarie a un prezzo medio ponderato per volume di 1.847,68 GBp per azione il 24 ottobre 2024. Dopo la cancellazione delle azioni riacquistate, la società avrà 244.271.221 azioni ordinarie in circolazione, senza azioni detenute in tesoreria. Questa transazione fa parte del programma di riacquisto annunciato dalla società il 20 marzo 2024. I diritti di voto totali nella società saranno 244.271.221, che gli azionisti possono utilizzare come denominatore per calcolare le loro notifiche di interesse secondo le linee guida sulla divulgazione della FCA.
Endeavour Mining ha anunciado una operación de recompra de acciones, comprando 30.000 acciones ordinarias a un precio medio ponderado de 1.847,68 GBp por acción el 24 de octubre de 2024. Tras la cancelación de las acciones recompradas, la empresa tendrá 244.271.221 acciones ordinarias en circulación, sin acciones en tesorería. Esta operación es parte del programa de recompra de la empresa anunciado el 20 de marzo de 2024. Los derechos de voto totales en la empresa serán 244.271.221, que los accionistas pueden usar como denominador para calcular sus notificaciones de interés según las directrices de divulgación de la FCA.
엔데버 마이닝이 30,000개의 보통주를 주당 1,847.68 GBp의 가중 평균 가격으로 2024년 10월 24일에 매입하는 주식 매입 거래를 발표했습니다. 재매입된 주식이 취소된 후, 회사는 244,271,221개의 보통주를 발행하게 되며, 자산으로 보유된 주식은 없습니다. 이 거래는 2024년 3월 20일에 발표된 회사의 주식 매입 프로그램의 일환입니다. 회사의 총 의결권은 244,271,221이며, 주주들은 FCA의 공시 안내에 따라 자신의 이해관계 통지를 계산하는 데 사용할 수 있습니다.
Endeavour Mining a annoncé une opération de rachat d'actions, achetant 30.000 actions ordinaires à un prix moyen pondéré de 1.847,68 GBp par action le 24 octobre 2024. Suite à l'annulation des actions rachetées, la société disposera de 244.271.221 actions ordinaires en circulation, sans actions détenues en trésorerie. Cette opération fait partie du programme de rachat d'actions annoncé le 20 mars 2024. Les droits de vote totaux dans la société s'élèveront à 244.271.221, que les actionnaires peuvent utiliser comme dénominateur pour calculer leurs notifications d'intérêt selon les lignes directrices de divulgation de la FCA.
Endeavour Mining hat eine Aktienrückkauftransaktion bekannt gegeben und 30.000 Stammaktien zu einem volumengewichteten Durchschnittspreis von 1.847,68 GBp pro Aktie am 24. Oktober 2024 erworben. Nach der Streichung der zurückgekauften Aktien wird das Unternehmen 244.271.221 Stammaktien im Umlauf haben, ohne im Eigenbesitz befindliche Aktien. Diese Transaktion ist Teil des Rückkaufprogramms, das am 20. März 2024 angekündigt wurde. Die gesamten Stimmrechte des Unternehmens belaufen sich auf 244.271.221, die die Aktionäre als Nenner zur Berechnung ihrer Interessebenachrichtigungen gemäß den Offenlegungsrichtlinien der FCA verwenden können.
- Share buyback program execution demonstrates strong capital return policy
- No shares held in treasury indicates efficient capital management
- None.
ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES
London, 25 October 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: | 24 October 2024 |
| Aggregate number of ordinary shares of USD 0.01 each purchased: | 30,000 |
| Lowest price paid per share (GBp): | 1,847.68 |
| Highest price paid per share (GBp): | 1,847.68 |
| Volume weighted average price paid per share (GBp): | 1,847.68 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,271,221 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,271,221. 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: 24 October 2024
Investment firm: Stifel Nicolaus Europe Limited
Individual transactions
| Transaction date and time | Volume | Price (GBp) | Trading Venue |
| 24 Oct 2024, 07:10 AM | 30,000 | 18.4768* | LSE |
*CAD33.018, assumed GBP:CAD 1.787
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) purchase on October 24, 2024?
What was the price per share paid by Endeavour Mining (EDVMF) in the October 24 buyback?
How many total voting rights does Endeavour Mining (EDVMF) have after the share buyback?
When did Endeavour Mining (EDVMF) announce this buyback programme?
