REG - Endeavour Mining PLC - Transaction in Own Shares

Endeavour MiningAnnouncement

25/11/2021 07:00

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RNS Number : 5206T  Endeavour Mining PLC  25 November 2021

ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES

 

London, 25 November 2021 - Endeavour Mining plc (LSE: EDV, TSX:EDV) ("the
Company") announces it has purchased the following number of its ordinary
shares of USD 0.01 each from Stifel Nicolaus Europe Limited.

Aggregated information

  Dates of purchase:                                                24 November 2021
  Aggregate number of ordinary shares of USD 0.01 each purchased:   119,400
  Lowest price paid per share                                       1829.85310
 (GBp):
  Highest price paid per share (GBp):                               1829.85310
  Volume weighted average price paid per share (GBp):               1829.85310

Following the cancellation of the repurchased shares, the Company will have no
ordinary shares in treasury and 248,948,422 ordinary shares in issue.
Therefore the total voting rights in the Company will be 248,948,422. This
figure for the total number of voting rights may be used by shareholders as
the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

These share purchases form part of the Company's buy-back programme announced
on 15 June 2021.

 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Stifel Nicolaus Europe Limited as part of the
buyback programme.

 

Schedule of purchases

Shares purchased:         Endeavour Mining plc (ISIN: GB00BL6K5J42)

Dates of purchases:       24 November 2021

Investment firm:            Stifel Nicolaus Europe Limited

 

Individual transactions

 Transaction date and time  Volume     Price (GBp)    Trading Venue
 24 November 2021, 07:15     119,400    1,829.85310   LSE

 

 

CONTACT INFORMATION

  Endeavour Mining                                      Brunswick Group LLP in London

  Martino De Ciccio                                     Carole Cable, Partner

  Vice President - Strategy & Investor Relations        +44 7974 982 458

  +44 203 640 8665                                      ccable@brunswickgroup.com

  mdeciccio@endeavourmining.com

                                                        Vincic Advisors in Toronto

                                                        John Vincic, Principal

                                                        +1 647 402 6375

                                                        john@vincicadvisors.com (mailto:john@vincicadvisors.com)

 

ABOUT ENDEAVOUR MINING PLC

Endeavour is one of the world's senior gold producers and the largest in West
Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso
and a strong portfolio of advanced development projects and exploration assets
in the highly prospective Birimian Greenstone Belt across West Africa.

A member of the World Gold Council, Endeavour is committed to the principles
of responsible mining and delivering sustainable value to its employees,
stakeholders and the communities where it operates. Endeavour is listed on the
Toronto Stock Exchange, under the symbol EDV.

For more information, please visit www.endeavourmining.com
(http://www.endeavourmining.com) .

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This press release contains statements which constitute "forward-looking
information" within the meaning of applicable securities laws, including but
not limited to statements regarding the plans, intentions, beliefs and current
expectations of Endeavour with respect to future business activities and
operating performance. Forward-looking information is often identified by the
words "may", "would", "could", "should", "will", "intend", "plan",
"anticipate", "believe", "estimate", "expect" or similar expressions and
includes information regarding Endeavour's expectations regarding the benefits
of a premium listing in the UK with shares traded on the LSE including deeper
access to a diverse investor pool with strong understanding of its key
operating jurisdictions across West Africa and increased demand for its shares
on the assumption that it will qualify for inclusion in the FTSE UK Index
Series as well as the MSCI Europe Index, Endeavour's ability to create
sustainable shareholder value over the long term and the potential for
continued or future dividends.

Investors are cautioned that forward-looking information is not based on
historical facts but instead reflect Endeavour management's expectations,
estimates or projections concerning future results or events based on the
opinions, assumptions and estimates of management considered reasonable at the
date the statements are made. Although Endeavour believes that the
expectations reflected in such forward-looking information are reasonable,
such information involves risks and uncertainties, and undue reliance should
not be placed on such information, as unknown or unpredictable factors could
have material adverse effects on future results, performance or achievements
of Endeavour. This forward-looking information may be affected by risks and
uncertainties in the business of Endeavour and market conditions.

This information is qualified in its entirety by cautionary statements and
risk factor disclosure contained in filings made by Endeavour with the
Canadian securities regulators, including Endeavour's annual information form
for the financial year ended December 31, 2020 and financial statements and
related MD&A for the financial year ended December 31, 2020 filed with the
securities regulatory authorities in certain provinces of Canada and available
at www.sedar.com.

Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking information prove incorrect, actual
results may vary materially from those described herein as intended, planned,
anticipated, believed, estimated or expected. Although Endeavour has attempted
to identify important risks, uncertainties and factors which could cause
actual results to differ materially, there may be others that cause results
not to be as anticipated, estimated or intended. Endeavour does not intend,
and does not assume any obligation, to update this forward-looking information
except as otherwise required by applicable law.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this press release.

 

Click on, or paste the following link into your web browser, to view the
associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/5206T_1-2021-11-24.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5206T_1-2021-11-24.pdf)

 

 

 

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