Endeavour Announces Holding(s) in Company
Rhea-AI Summary
Endeavour Mining plc (EDVMF) has received a notification from La Mancha Resource Capital LLP regarding changes in its shareholding. As of September 4, 2024, La Mancha's voting rights in Endeavour Mining have decreased to 17.942236%, down from the previous 18.728142%. This change is due to an acquisition or disposal of voting rights. La Mancha Resource Fund SCSp now holds 43,994,158 ordinary shares in Endeavour Mining, representing 17.942236% of the total voting rights. The notification was filed in compliance with UK regulatory requirements for major shareholding disclosures.
Positive
- None.
Negative
- Decrease in major shareholder's stake from 18.73% to 17.94%
- Potential signal of reduced confidence from a significant investor
Endeavour Mining plc (“the Company”) announces that it has received the following notification from La Mancha Resource Capital LLP, of its interests in the Company as of today, 4 September 2024:
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BL6K5J42
Issuer Name
ENDEAVOUR MINING PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
La Mancha Resource Capital LLP
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
| Name | City of registered office | Country of registered office |
| La Mancha Resource Fund SCSp | Luxembourg | Luxembourg |
5. Date on which the threshold was crossed or reached
04-Sep-2024
6. Date on which Issuer notified
04-Sep-2024
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 17.942236 | 0.000000 | 17.942236 | 43994158 |
| Position of previous notification (if applicable) | 18.728142 | 0.000000 | 18.728142 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| Ordinary Shares | 43994158 | 17.942236 | ||
| Sub Total 8.A | 43994158 | |||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Sub Total 8.B2 | |||||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| La Mancha Resource Fund SCSp | La Mancha Investments S.á r.l. | 17.942236 |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
N/A
12. Date of Completion
04-Sep-2024
13. Place Of Completion
London, UK
Attachment
FAQ
What is the new ownership percentage of La Mancha Resource Capital LLP in Endeavour Mining (EDVMF) as of September 4, 2024?
How many shares does La Mancha Resource Fund SCSp now hold in Endeavour Mining (EDVMF)?
What was the previous ownership percentage of La Mancha in Endeavour Mining (EDVMF) before the change?
When did Endeavour Mining (EDVMF) receive the notification of change in shareholding from La Mancha?
