Endeavour Mining investor La Mancha sells 8.5 M shares

Executive Summary

• La Mancha Investments SARL, a subsidiary of La Mancha Resource Fund SCSp, disposed of 8.5 million ordinary shares in Endeavour Mining PLC, representing approximately 3.5% of the company's issued and outstanding shares.
• The transaction was executed as a bought block trade on January 8, 2026, with BMO Capital Markets acting as principal, generating gross proceeds of approximately $605 million.
• Following the disposal, La Mancha’s ownership stake in Endeavour decreased from approximately 14.62% to 11.1%, and an early warning report detailing the transaction is being filed.

Key Details

• Seller: La Mancha Investments SARL (wholly owned subsidiary of La Mancha Resource Fund SCSp, advised by La Mancha Resource Capital LLP).
• Target Company: Endeavour Mining PLC.
• Transaction Date: January 8, 2026.
• Shares Disposed: 8,500,000 ordinary shares.
• Percentage of Issued Shares: Approximately 3.5% of Endeavour Mining PLC's issued and outstanding ordinary shares.
• Sale Price: $71.25 per share.
• Gross Proceeds: Approximately $605 million.
• Counterparty: BMO Capital Markets (acting as principal in a bought block trade).
• Pre-Transaction Holding: 35,289,580 shares (approx. 14.62% of issued and outstanding shares).
• Post-Transaction Holding: 26,789,580 shares (approx. 11.1% of issued and outstanding shares).
• Reason for Disposal: Investment management purposes.
• Regulatory Action: La Mancha intends to file an early warning report with additional information, available under Endeavour's SEDAR+ profile.
• Contact Information: Matthew Fisher, General Counsel, La Mancha Resource Capital ([email protected] or 44-20-3960-2020).