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Insider Information: Notice on the conversion of convertible loan into shares

08.01.2025, 13.00
Endomines Finland

Endomines Finland Plc – Insider Information – 8.1.2025, at 14:00 EET

Insider Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of 109,835.62 euros will be converted for new shares of Endomines Finland Plc.

Eyemaker’s Finland Oy will convert a total of 109,835.62 euros for new Endomines Finland Plc shares. In accordance with the convertible bond agreement, the exchange price is approximately EUR 6.92 per share. The exchange price consists of the daily average price calculated at the share's closing price during the 15 trading days preceding the day of the conversion notice, minus 15 percent.

As a result of the conversions, 15,872 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 10,830,029 shares and votes to 10,845,901 shares and votes. After registration, the new shares correspond to approximately 0.15 percent of the company's total number of shares and votes.

 

Further information:

Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

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