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 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.
Griffin Mining Limited
Telephone: +44 (0)20 7629 7772
Mladen Ninkov – Chairman
Panmure Gordon (UK) Limited
Telephone: +44 (0)20 7886 2500
Telephone: +44 (0)20 3207 7800
Telephone: +44(0)20 7138 3205
Swiss Resource Capital AG
Telephone: +41(0)71 354 8501
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