Director/PDMR Shareholding

RNS Number : 7298V
Griffin Mining Ld
01 February 2017
 

 

 

8th Floor, 54 Jermyn Street, London, SW1 Y 6LX, United Kingdom

Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

 

1st February 2017

 

 

DIRECTOR'S SHARE DEALING

 

Griffin Mining Limited ("Griffin") has been advised that Trellus Co. LLC in which Mr Adam Usdan, a non-executive director of Griffin, has an interest, purchased on 31st January 2017 a further 25,000 ordinary shares in Griffin at a price of 52.75p pence per share. Following this purchase Mr. Adam Usdan, through both direct and indirect interests, has a beneficial interest in 30,659,556 shares in Griffin, representing 17.1% of the Company's issued share capital.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adam Usdan

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Griffin Mining Limited

b)

LEI

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary Shares

b)

Nature of the transaction

Purchase of ordinary shares by Trellus Co. LLC in which Mr Adam Usdan has an interest.

c)

Price(s) and volume(s)

            Price(s)

            Volume(s)

 

52.75 pence per share

 

25,000

 

 

d)

Aggregated information
- Aggregated volume
- Price

25,000 ordinary shares in Griffin Mining Limited at 52.75p each.

e)

Date of the transaction

31st January 2017

f)

Place of the transaction

London Stock Exchange Alternative Investment Market

(1)  Commission Delegated Regulation (EU) 2016/522 of 17 December 2015 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council as regards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notifications of delays, the permission for trading during closed periods and types of notifiable managers' transactions (see page 1 of this Official Journal).

 

 

 

For further information:

 

Griffin Mining Limited

+44 (0)20 7629 7772

Mladen Ninkov  (Chairman)

 

Roger Goodwin (Finance Director & Company Secretary)

 

 

 

Panmure Gordon (UK) Limited

 

Dominic Morley

+44 (0)20 7886 2500

 

 

 

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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