Welcome to our dedicated page for Endeavour Mining news (Ticker: EDVMF), a resource for investors and traders seeking the latest updates and insights on Endeavour Mining stock.
The news feed for Endeavour Mining plc (OTCQX: EDVMF; LSE: EDV; TSX: EDV) brings together the company’s regulatory and market announcements related to its activities as a gold producer in the Basic Materials sector. Endeavour Mining describes itself as one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt.
Visitors to this page can review company communications on topics such as transactions in its own shares under a buy-back programme, updates on total voting rights, and TR-1 notifications of major holdings from institutional investors. Recent examples include detailed reports of share repurchases executed by Stifel Nicolaus Europe Limited, together with the resulting changes in the number of ordinary shares in issue and total voting rights, as well as notifications from BlackRock, Inc. and La Mancha Resource Capital LLP regarding their voting interests in the company.
The news stream also covers governance developments, including announcements about the appointment of Independent Non-Executive Directors and the planned retirement of existing board members. These disclosures highlight the experience of new directors in the global extractive industry, finance, risk management, audit, governance, strategy and sustainability, reflecting the board’s role in overseeing a gold producer with operations across multiple West African jurisdictions.
By following Endeavour Mining’s news, investors and observers can see how the company communicates its responsible mining commitments as a member of the World Gold Council, manages its capital structure through buy-backs, and reports changes in significant shareholdings. This page can be revisited regularly to read the latest official announcements and historical updates related to EDVMF and its primary listings in London and Toronto.
Endeavour Mining announced its total voting rights as of February 28, 2023, in compliance with UK FCA regulations. The company reported an issued ordinary share capital of 247,739,889 ordinary shares, with 187,300 shares held in treasury. This brings the total number of voting rights to 247,552,589. Shareholders can use this figure to determine if they need to notify changes to their interest in the company under FCA rules.
Endeavour Mining is a leading gold producer in West Africa, operating in Senegal, Cote d'Ivoire, and Burkina Faso, and is committed to responsible mining practices.
On February 24, 2023, Endeavour Mining plc received a notification from BlackRock, Inc. regarding its interests in the company as of February 23, 2023. BlackRock's voting rights, as reported, increased to 11.97% from a previous 12.04%, with direct voting rights at 11.77% and additional rights through financial instruments at 0.20%. The notification falls under the standard form for major holdings and indicates an acquisition of voting rights. This change in shareholding may hint at BlackRock's strategic investment moves in the company, which could influence market perceptions.
Endeavour Mining has announced the purchase of 25,000 ordinary shares on 22 February 2023 at a price of 1,767.72 GBp each, totaling approximately £441,930. This buyback is part of a broader repurchase program initiated on 17 March 2022. Following the cancellation of these shares, Endeavour will have no shares in treasury and 247,515,589 ordinary shares outstanding, which will serve as the basis for shareholder voting rights. The transaction was facilitated by Stifel Nicolaus Europe Limited and aligns with the company’s strategy to enhance shareholder value.
Endeavour Mining plc announced the purchase of 37,000 ordinary shares at a price of 1,770.09 GBp per share on 16 February 2023. This transaction is part of the company's ongoing buy-back program initiated on 17 March 2022. Following this buyback, the total number of ordinary shares will be reduced to 247,540,589, eliminating any shares held in treasury. The total voting rights will now align with this number, as stated under the FCA's regulations. The repurchased shares will be canceled, impacting future shareholder calculations.
Endeavour Mining plc announced the block listing of 835,268 ordinary shares in respect of the maturity of US$330 million convertible senior notes. The application has been submitted to the Financial Conduct Authority and the London Stock Exchange for these New Shares to be listed on 15 February 2023. This comes as the company elected to settle the principal amount in cash, while any contingent premiums will be settled in shares. Once issued, these shares will rank pari passu with existing shares.
Endeavour Mining announced the repurchase of 40,000 ordinary shares at a price of 1,902.00 GBp each as part of its ongoing buy-back program initiated on March 17, 2022. The transaction occurred on February 10, 2023, through investment firm Stifel Nicolaus Europe Limited. Following this buyback, Endeavour will not hold any treasury shares, maintaining a total of 246,639,155 ordinary shares in issue, which serves as the denominator for shareholder interest notifications under FCA regulations. This share repurchase reflects the company's commitment to enhancing shareholder value.
Endeavour Mining plc announced a notification regarding a transaction by Mark Morcombe, the Chief Operating Officer. The notification pertains to the release of shares under the Executive Performance Share Unit Plan, totaling 89,961 ordinary shares. The transactions occurred on 13 January 2023 and 30 January 2023, with no monetary value assigned to the shares. The shares were released outside a trading venue. This transaction is part of standard equity compensation practices for senior management.
Endeavour Mining plc has announced its total voting rights as of January 31, 2023, in accordance with the UK FCA's regulations. As of the specified date, the company’s issued ordinary share capital consists of 246,679,155 ordinary shares with 70,000 shares held in treasury pending cancellation. The total number of voting rights stands at 246,609,155. This figure is crucial for shareholders to determine if they need to notify changes in their interests under the FCA's Disclosure Guidance and Transparency Rules.
Endeavour Mining, a leading gold producer in West Africa, is committed to sustainable and responsible mining practices.
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.
Endeavour Mining plc has announced a block listing of 950,000 ordinary shares on the London Stock Exchange (LSE), subject to approval by the Financial Conduct Authority. The new shares, expected to trade from 25 January 2023, are being reserved for the Company’s share incentive plans, which include the Executive Performance Share Plan and Employee Performance Share Unit Plan. Once issued, these shares will have the same rights as existing shares.