Director/PDMR Shareholding
Rhea-AI Summary
Endeavour Mining plc has disclosed a significant acquisition transaction involving La Mancha Investments SARL, closely associated with Director Naguib Sawiris. On October 7, 2021, La Mancha acquired 10,000,000 debt instruments at a price of 98.913 USD each, totaling 9,891,300 USD. This transaction was executed on the GEM Market of Euronext Dublin. The notification highlights the ongoing investment interests of the company's key stakeholders in alignment with its growth strategy.
Positive
- Acquisition of 10,000,000 debt instruments signals confidence from key stakeholders.
- The transaction amounting to 9,891,300 USD strengthens financial backing.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, EDVMF declined 0.94%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| | Name | La Mancha Investments SARL | |
| 2 | Reason for the notification | ||
| | Position/status | Closely associated person of Naguib Sawiris, Director | |
| 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 | Debt Instrument | |
| Identification code | 29261HAA3 | ||
| b) | Nature of the transaction | Acquisition | |
| c) | Currency | USD | |
| d) | Price and volume | Price | Volume |
| 98.913 | 10,000,000 | ||
| Total | 9,891,300 | ||
| e) | Date of the transaction | 7 October 2021 | |
| f) | Place of the transaction | GEM Market of Euronext Dublin | |
Attachment
FAQ
What recent transaction was reported by Endeavour Mining plc (EDVMF)?
Who is La Mancha Investments SARL in relation to Endeavour Mining plc (EDVMF)?
What is the total value of the debt instruments acquired by La Mancha Investments SARL?
Where were the transactions reported by Endeavour Mining plc (EDVMF) executed?
