Director/PDMR Shareholding

Rhea-AI Summary

On March 9, 2023, Endeavour Mining plc announced a notification regarding a transaction involving its Executive Director, Sébastien de Montessus. The notification pertains to the acquisition of 37,585 ordinary shares as part of a deferred annual bonus award from 2022, calculated based on the average weighted price during that fiscal year. The shares, acquired at nil consideration, are subject to a holding period of two years. This marks the initial notification related to the transaction, which took place outside a trading venue on March 8, 2023.

Positive

• Acquisition of 37,585 shares signifies commitment to the company by the Executive Director.
• Shares are part of a deferred compensation plan, aligning executive interests with shareholder value.

Negative

• None.

Endeavour Mining plc
9 March 2023

Notification of transaction by
Person Discharging Managerial Responsibilities

1	Details of the person discharging managerial responsibilities / person closely associated
	Name	Sébastien de Montessus
2	Reason for the notification
	Position/status	Executive Director
	Initial notification/ amendments	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Endeavour Mining plc
b)	Legal Entity Identifier code (LEI)	529900NI5MXQ91GHXR07
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument	Ordinary shares of $0.01 each in Endeavour Mining plc
b)	Nature of the transaction	Acquisition of shares in respect of the deferral of 50% of the 2022 annual bonus award, calculated at the average weighted price during the 2022 financial year (the shares are subject to a holding period of two years)
c)	Currency
d)	Price and volume	Price	Volume
		Nil	37,585
	Aggregated information Volume Price Total	37,585 Nil consideration
e)	Date of the transaction	8 March 2023
f)	Place of the transaction	Outside a trading venue

Attachment

• PDMR Notification - SdM- 8 March 2023

FAQ

What was announced in Endeavour Mining's PR on March 9, 2023?

Endeavour Mining announced a transaction involving Executive Director Sébastien de Montessus acquiring 37,585 shares as part of his deferred 2022 bonus.

What is the significance of the share acquisition by Sébastien de Montessus?

The acquisition reflects the Executive Director's commitment to the company and aligns his interests with shareholders, as the shares are part of a deferred compensation plan.

When did the share acquisition transaction take place for EDVMF?

The share acquisition transaction took place on March 8, 2023.

What is the holding period for the shares acquired by the Executive Director?

The shares acquired are subject to a holding period of two years.

What type of shares were involved in the transaction by Endeavour Mining?

The transaction involved ordinary shares of $0.01 each in Endeavour Mining plc.