Exercise of Options

RNS Number : 0739O

Griffin Mining Ld

04 February 2021

 

8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

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

E mail: [e-mail]

Exercise of Options

4^th February 2021.

Griffin Mining Ltd ("the Company") announces that the Company has been notified of and subsequently authorised on 4^th February 2021 the exercise of options ("the Options") over 125,000 new ordinary shares in the Company granted in February 2015, at an exercise price of 30p per share.

The options are being exercised by a person who does not constitute a person discharging management responsibilities. Following the exercise of the Options there will be 174,242,894 Ordinary Shares in the Company in issue. There are 540,000 shares held in treasury.   

Application has been made to the London Stock Exchange for 125,000 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 10 February 2021.

 

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman  Telephone: [phone]

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited   Telephone: [phone]

  John Prior

  Joanna Langley

Berenberg    Telephone: [phone]

    Matthew Armitt

Jennifer Wyllie

Deltir Elezi

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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