Transaction in Own Shares
ENDEAVOUR ANNOUNCES TRANSACTION IN OWN
SHARES
London, 07 May 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: |
03 May 2024 |
Aggregate number
of ordinary shares of USD 0.01 each purchased: |
6,000 |
Lowest price paid
per share
(GBp): |
1,624.00 |
Highest price
paid per share
(GBp): |
1,635.00 |
Volume weighted
average price paid per share
(GBp): |
1,631.17 |
Following the cancellation of the repurchased
shares, the Company will have no ordinary shares in treasury and
244,892,725 ordinary shares in issue. Therefore the total voting
rights in the Company will be 244,892,725. 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 2023.
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: 03 May 2024
Investment firm: Stifel Nicolaus Europe
Limited
Individual
transactions
Transaction date and time |
Volume |
Price (GBp) |
Trading Venue |
3 May 2024, 09:46 AM |
1,000 |
1,635.00 |
LSE |
3 May 2024, 09:56 AM |
1,000 |
1,634.00 |
LSE |
3 May 2024, 10:17 AM |
834 |
1,632.00 |
LSE |
3 May 2024, 10:17 AM |
166 |
1,632.00 |
LSE |
3 May 2024, 10:23 AM |
731 |
1,624.00 |
LSE |
3 May 2024, 10:23 AM |
269 |
1,624.00 |
LSE |
3 May 2024, 11:12 AM |
35 |
1,632.00 |
LSE |
3 May 2024, 11:12 AM |
965 |
1,632.00 |
LSE |
3 May 2024, 11:34 AM |
5 |
1,630.00 |
LSE |
3 May 2024, 11:34 AM |
995 |
1,630.00 |
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 7974 982 458 |
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 document contains "forward-looking
statements" within the meaning of applicable securities laws. All
statements, other than statements of historical fact, are
“forward-looking statements”, including but not limited to,
statements with respect to Endeavour's plans and
operating performance, the estimation of mineral reserves and
resources, the timing and amount of estimated future production,
costs of future production, future capital expenditures, the
success of exploration activities, the anticipated timing for the
payment of a shareholder dividend and statements with respect to
future dividends payable to the Company’s shareholders, the
completion of studies, mine life and any potential extensions, the
future price of gold and the share buyback programme. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "expects", "expected",
"budgeted", "forecasts", "anticipates", believes”, “plan”,
“target”, “opportunities”, “objective”, “assume”, “intention”,
“goal”, “continue”, “estimate”, “potential”, “strategy”, “future”,
“aim”, “may”, “will”, “can”, “could”, “would” and similar
expressions .
Forward-looking statements, while based on
management's reasonable estimates, projections and assumptions at
the date the statements are made, 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 completion of divestitures; risks related to
international operations; risks related to general economic
conditions and the impact of credit availability on the timing of
cash flows and the values of assets and liabilities based on
projected future cash flows; Endeavour’s financial results, cash
flows and future prospects being consistent
with Endeavour expectations in amounts sufficient to
permit sustained dividend payments; the completion of studies on
the timelines currently expected, and the results of those studies
being consistent with Endeavour’s current expectations; actual
results of current exploration activities; production and cost of
sales forecasts for Endeavour meeting expectations;
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; extreme
weather events, natural disasters, supply disruptions, power
disruptions, accidents, pit wall slides, 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 legislation, regulation of mining operations, tax
rules and regulations and changes in the administration of laws,
policies and practices in the jurisdictions in
which Endeavour operates; disputes, litigation,
regulatory proceedings and audits; adverse political and economic
developments in countries in which Endeavour operates,
including but not limited to acts of war, terrorism, sabotage,
civil disturbances, non-renewal of key licenses by government
authorities, or the expropriation or nationalisation of any of
Endeavour’s property; risks associated with illegal and artisanal
mining; environmental hazards; and risks associated with new
diseases, epidemics and pandemics.
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.
The declaration and payment of future
dividends and the amount of any such dividends will be subject to
the determination of the Board of Directors, in its sole and
absolute discretion, taking into account, among other things,
economic conditions, business performance, financial condition,
growth plans, expected capital requirements, compliance with the
Company's constating documents, all applicable laws, including the
rules and policies of any applicable stock exchange, as well as any
contractual restrictions on such dividends, including any
agreements entered into with lenders to the Company, and any other
factors that the Board of Directors deems appropriate at the
relevant time. There can be no assurance that any dividends will be
paid at the intended rate or at all in the future.
- Transaction in own shares
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