{"id":566349,"date":"2021-06-14T13:44:51","date_gmt":"2021-06-14T13:44:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/"},"modified":"2021-06-14T13:44:51","modified_gmt":"2021-06-14T13:44:51","slug":"sawiris-endeavour-becomes-an-lse-listed-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/","title":{"rendered":"Sawiris\u2019 Endeavour becomes an LSE-listed company"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Naguib Sawiris-backed Endeavour Mining has listed today on the LSE <\/strong>after being admitted into the UK Listing Authority\u2019s premium listing segment, the company said in <a href=\"https:\/\/www.endeavourmining.com\/media\/news\/endeavour-announces-admission-trading-london-stock-exchange\">a statement<\/a>. Endeavour, which counts Sawiris\u2019 La Mancha as its largest shareholder, set up a new holding company based in London that will also begin trading under its new corporate structure on the Toronto Stock Exchange starting Wednesday, according to <a href=\"https:\/\/www.arabfinance.com\/ar\/news\/details\/egypt-companies\/540024\">Arab Finance<\/a>. Its shares will be listed on both exchanges under the ticker EDV. The company expects to be added to the UK\u2019s blue-chip index FTSE 100.<\/p>\n<p><strong>Background: <\/strong>Endeavour earlier this year <a href=\"https:\/\/www.globallegalchronicle.com\/la-mancha-holdings-200-million-investment-in-endeavour-mining-corporation\/\">finalized the takeover of<\/a> West Africa-focused Teranga Gold \u2014 completed through a USD 1.86 bn <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f083db8c-1fd4-4886-a472-d592cccafea8\">share swap agreement<\/a> that created one of West Africa\u2019s 10 largest gold producers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naguib Sawiris-backed Endeavour Mining has listed today on the LSE after being admitted into the UK Listing Authority\u2019s premium listing segment, the company said in a statement. Endeavour, which counts Sawiris\u2019 La Mancha as its largest shareholder, set up a new holding company based in London that will also begin trading under its new corporate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":566350,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10060],"tags":[413,633,78,3689,373,2065],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-ipo-watch","tag-canada","tag-enterprisepm","tag-ipo-watch","tag-la-mancha","tag-mining","tag-naguib-sawiris","wpautop","entry"],"acf":{"mongo_id":"52945013-e96a-46af-ba92-5e23e1a83995","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/6\/480.jpg","photo_position":"above","related_issue":[566342],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sawiris\u2019 Endeavour becomes an LSE-listed company - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sawiris\u2019 Endeavour becomes an LSE-listed company\" \/>\n<meta property=\"og:description\" content=\"Naguib Sawiris-backed Endeavour Mining has listed today on the LSE after being admitted into the UK Listing Authority\u2019s premium listing segment, the company said in a statement. Endeavour, which counts Sawiris\u2019 La Mancha as its largest shareholder, set up a new holding company based in London that will also begin trading under its new corporate [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-14T13:44:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/480.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sawiris\u2019 Endeavour becomes an LSE-listed company\",\"datePublished\":\"2021-06-14T13:44:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/480.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Canada\",\"EnterprisePM\",\"IPO watch\",\"La Mancha\",\"mining\",\"Naguib Sawiris\"],\"articleSection\":[\"SPEED ROUND: IPO WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/sawiris-endeavour-becomes-an-lse-listed-company\/\",\"name\":\"Sawiris\u2019 Endeavour becomes an LSE-listed company - 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Endeavour had offered to exchange 0.0846 of its shares for\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561401,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/06\/sawiris-gearing-up-to-bid-for-gold-exploration-blocks-in-egypt\/","url_meta":{"origin":566349,"position":1},"title":"Sawiris gearing up to bid for gold exploration blocks in Egypt","author":"enterpriseam admin","date":"6 April 2021","format":false,"excerpt":"Naguib Sawiris is planning to take part in Egypt's ongoing gold exploration tender, the bn\u2019aire said at a conference yesterday, the local press reports. Sawiris\u2019 La Mancha Holding is the largest shareholder in Toronto-based Endeavour Mining, and also holds an almost 35% stake in Altus strategies, whose subsidiary Akh Gold\u2026","rel":"","context":"In &quot;Mining&quot;","block_context":{"text":"Mining","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/mining\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/50.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/centamin-rejects-usd-1-9-bn-endeavour-merger-proposal\/","url_meta":{"origin":566349,"position":2},"title":"Centamin rejects USD 1.9 bn Endeavour merger proposal","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"M&A WATCH- Centamin rejects USD 1.9 bn Sawiris-backed Endeavour merger proposal: The board of gold mining company Centamin has unanimously rejected a proposal by Endeavour Mining for a USD 1.9 bn all-share merger, the Wall Street Journal reports. The London-listed operator of Egypt\u2019s Sukari gold mine said the offer would\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/685.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563910,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/28\/la-mancha-fund-aims-to-raise-usd-300-400-mn-investments\/","url_meta":{"origin":566349,"position":3},"title":"La Mancha fund aims to raise USD 300-400 mn investments","author":"enterpriseam admin","date":"28 July 2021","format":false,"excerpt":"La Mancha\u2019s fund targets USD 300-400 mn contributions: Sawiris-run La Mancha is open accepting new investors in its new USD 1.4 bn mining fund, aiming to attract investments worth USD 300-400 mn, Chairman Naguib Sawiris told Al Arabiya in a phone interview yesterday (watch, runtime 7:19). The company announced this\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/280.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569283,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/sawiris-in-talks-with-govt-to-possibly-tap-into-gold-mining\/","url_meta":{"origin":566349,"position":4},"title":"Sawiris in talks with gov\u2019t to possibly tap into gold mining","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"With amended Mineral Resources exec regs and a new tender on the way, Naguib looks set to get in on mining in Egypt: Naguib Sawiris is currently in talks with the government to participate in the upcoming international gold exploration and mining tender and is \u201cwilling to participate in any\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/253.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570240,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/endeavor-to-acquire-semafo-in-june-creating-west-africas-largest-gold-producer\/","url_meta":{"origin":566349,"position":5},"title":"Endeavor to acquire Semafo in June, creating West Africa\u2019s largest gold producer","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"M&A WATCH- Endeavor to acquire Semafo in June, creating West Africa\u2019s largest gold producer: Canada\u2019s Endeavour Mining will acquire Toronto-listed gold producer Semafo in a USD 690.7 mn agreement set to be completed in June, Reuters reports. Endeavour shareholders \u2014 which is 24.1% owned by the Sawiris family \u2014 will\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=566349"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566349\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/566342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/566350"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=566349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=566349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=566349"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=566349"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=566349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}