Director/PDMR Shareholding
Endeavour Mining plc has disclosed a significant acquisition transaction involving La Mancha Investments SARL, closely associated with Director Naguib Sawiris.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – EDVMF
The recorded move for EDVMF in the trading session of this news was -0.94%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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