Endeavor announces block list of rewards actions on LSE

ENDEAVOR ANNOUNCES BLOCK LIST OF ALLOCATION SHARES ON THE LSE

London, 18 June 2021 – Endeavor Mining plc (LSE: EDV) (“the Company”) announces that an application has been filed with the Financial Conduct Authority and the London Stock Exchange for the admission of 2,121,121 common shares valued at $ 0.01 US each (the “New Shares”). to the premium segment of the official list and to trading on the main market for listed securities of the London Stock Exchange.

Subject to the approval of the Financial Conduct Authority and the London Stock Exchange, the New Shares are expected to be admitted on June 21, 2021.

The New Shares are reserved for block listing and may be issued in the future following the allocation of ordinary shares of USD 0.01 each (the “Shares”) in accordance with certain of the plans. profit-sharing in Company shares which may be exercised from time to time.

The block list covers the following:

• Replacement of Teranga stock options expiring in August 2021 (33,840 shares)

• Replacement of Teranga stock options expiring in December 2021 (92,590 shares)

• Replacement of Teranga stock options expiring in February 2022 (34,780 shares)

• Replacement of Teranga stock options expiring in March 2022 (82,717 shares)

• Replacement of Teranga stock options expiring in May 2022 (4,700 shares)

• Replacement of Teranga stock options expiring in July 2022 (124,549 shares)

• Replacement of Teranga stock options expiring in September 2022 (56,400 shares)

• Replacement of Teranga stock options expiring in October 2022 (63,920 shares)

• Replacement of Teranga stock options expiring in October 2023 (1,627,625 shares)

When issued, these New Shares will rank pari passu with the existing Shares.

CONTACT INFORMATION

Operate mining
Martino De Ciccio
Vice-President – Strategy & Investor Relations
+44 203 640 8665
[email protected]

Brunswick Group LLP in London
Carole Cable, partner
+44 7974 982 458
[email protected]

Vincic Consultants in Toronto
Jean Vincic, director
+1 647 402 6375
[email protected]

ABOUT ENDEAVOR MINING API

Endeavor is one of the world’s leading gold producers and the largest in West Africa, with operating assets in Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development and exploration assets in the very promising Birimian Greenstone belt across West Africa.

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

For more information, please visit www.endeavourmining.com.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including, but not limited to, statements regarding plans, intentions, beliefs and Endeavor’s current expectations with respect to future business and operating performance. Forward-looking information is often identified by the words “could”, “would”, “could”, “should”, “should”, “intention”, “plan”, “anticipate”, “believe”, “estimate”. “,” Expect “or similar expressions and includes information about Endeavor’s expectations for the benefits of a premium UK listing with shares traded on the LSE, including deeper access to a diverse pool of investors with a solid understanding of its primary operating jurisdictions at across West Africa and increased demand for its stocks assuming they will be eligible for inclusion in the FTSE UK Index Series as well as the MSCI Europe Index, Endeavor’s ability to create long-term sustainable shareholder value, and the potential for continued or future dividends.

Investors are cautioned that forward-looking information is not based on historical facts but rather reflects the expectations, estimates or projections of Endeavor’s management regarding future results or events based on the opinions, assumptions and estimates of management considered. as reasonable on the date the statements are made. Although Endeavor believes that the expectations reflected in this forward-looking information are reasonable, such information involves risks and uncertainties, and such information should not be relied upon because unknown or unforeseeable factors could have material adverse effects on the Company. Endeavor’s results, performance or achievements. This forward-looking information may be affected by risks and uncertainties relating to Endeavor’s business and market conditions.

This information is subject in its entirety to the caveats and risk factor information contained in the documents filed by Endeavor with the Canadian securities regulators, including Endeavor’s Annual Information Form for the fiscal year ended. December 31, 2020 and the financial statements and related MD&A for the year. ended December 31, 2020 filed with securities regulators in certain provinces of Canada and available at www.sedar.com.

If one or more of these risks or uncertainties materialize, or if the assumptions underlying the forward-looking information prove to be incorrect, actual results may differ materially from those described herein as expected, planned, anticipated, believed, valued or expected. Although Endeavor has attempted to identify risks, uncertainties and important factors that could cause actual results to differ materially, there may be others that could cause results not to be as anticipated. , estimated or planned. Endeavor does not intend and doeses assumes no obligation to update this forward-looking information, except as 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.

Attachment


Source link

About Eric Harris

Eric Harris

Check Also

Rising support level

The resistance level, after remaining at 15,800 strikes for two consecutive weeks, for Nifty rose …