Endeavour Mining plc T.EDV

Another note from Edison

[marben100]

...published today: https://www.edisongroup.com/publication/ninth-successive-year-of-outperformance/30661/

Cheers,
Mark

[marben100]

PS: Endeavour's 2021 Annual Report is now available here: https://endeavour-mining-v2.sid2-e1.investis.com/sites/endeavour-mining-v2/files/2022-03/Annual%20Report/final%20documents/edv-2021-annual-report.pdf

[Galnakon144]

Very interesting reading Mark. Am I seeing this right that the chief executive has received a payment of $10m (pg 129) as part of the listing and that if he meets targets he gets $16-20m payments per year (pg 143). Think I'm in the wrong career!

[marben100]

Re the $10m figure, perhaps fairer to quote the complete text? As we disclosed in our June 2021 London listing prospectus, the re-domiciliation and restructuring  resulting from the implementation of the Scheme (required in order to list on the premium segment of the Official List) triggered additional costs and cash flow effects for the Chief Executive. To ensure retention of

[mercedesman]

I would like to be re-domiciled into the home (castle) of the now shunned Russian Oligarch.  Second largest home next to the Queens main residence (Buckingham Palace) Will even water the plants and clean the pool. Photos reveal Russian oligarch’s $400M London palace (nypost.com)