Director/PDMR Shareholding
Rhea-AI Summary
Endeavour Mining notified the market of disposals by Chief Executive Sébastien de Montessus and PDMR Joanna Pearson on January 23 and January 20, 2023, respectively. Montessus sold 159,311 tracker shares in Endeavour Gold Corporation at £20.1912 each, totaling £3.2 million, while Pearson disposed of 21,401 shares at a price of CAD 33.14, amounting to CAD 709,000. Both transactions occurred outside a trading venue. The Legal Entity Identifier (LEI) for Endeavour Mining is 529900NI5MXQ91GHXR07.
Positive
- Sébastien de Montessus's disposal shows confidence in strategic repositioning.
Negative
- Disposals by executives could indicate potential insider sentiment concerns.
News Market Reaction 1 Alert
On the day this news was published, EDVMF declined 2.35%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Endeavour Mining plc
26 January 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 | Chief Executive | ||
| 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 | Tracker Shares in Endeavour Gold Corporation | |
| b) | Nature of the transaction | Disposal | |
| c) | Currency | GBP | |
| d) | Price and volume | Price | Volume |
| 20.1912 | 159,311 | ||
Aggregated information
| N/A Single transaction | ||
| e) | Date of the transaction | 23 January 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| Name | Joanna Pearson | ||
| 2 | Reason for the notification | ||
| Position/status | PDMR | ||
| 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 | Tracker Shares in Endeavour Gold Corporation | |
| b) | Nature of the transaction | Disposal | |
| c) | Currency | CAD | |
| d) | Price and volume | Price | Volume |
| 33.14 | 21,401 | ||
Aggregated information
| N/A Single transaction | ||
| e) | Date of the transaction | 20 January 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
Attachment