Exercise of Options
Griffin Mining Ltd ("the Company" - https://www.commodity-tv.com/ondemand/companies/profil/griffin-mining-ltd/) announces that the Company has been notified of and subsequently authorised on 8th June 2021 the exercise of options ("the Options") over 250,000 new ordinary shares in the Company granted to the directors and management in February 2015 at an exercise price of 30p per share.
The options are being exercised and shares allocated to a person who does not constitute a person discharging management responsibilities. Following the exercise of the Options there will be 174,892,894 Ordinary Shares in the Company in issue. There are 899,799 shares held in treasury.
Application has been made to the London Stock Exchange for 250,000 new ordinary shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. It is expected that admission will become effective on or around 15th June 2021.
Griffin Mining Limited Telephone: +44 (0)20 76290 7772
Mladen Ninkov – Chairman
Roger Goodwin – Finance Director
Panmure Gordon (UK) Limited
Telephone: +44 (0)20 7886 2500
Telephone: +44 (0)20 3207 7800
Jennifer Wyllie#BBD0E0 »