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Exercise of options

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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 today the exercise of options ("the Options") over 25,000 new ordinary shares in the Company granted to the directors and management in February 2014 at an exercise price of 40p 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 174,517,894 Ordinary Shares in the Company in issue. There are 782,500 shares held in treasury.   

Application will be made to the London Stock Exchange for 25,000 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 29 April 2021.

 

Further information

 

Griffin Mining Limited

Telephone: +44 (0)20 7629 7772

Mladen Ninkov – Chairman
Roger Goodwin – Finance Director

 

Panmure Gordon (UK) Limited

Telephone: +44 (0)20 7886 2500

John Prior
Joanna Langley

 

Berenberg

Telephone: +44 (0)20 3207 7800

Matthew Armitt
Jennifer Wyllie
Deltir Elezi

 

Blytheweigh

Telephone: +44(0)20 7138 3205

Tim Blythe

 

Swiss Resource Capital AG

Telephone: +41(0)71 354 8501

Jochen Staiger

 

 

Griffin Mining Limited’s shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).
The Company’s news releases are available on the Company’s web site: www.griffinmining.com

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