Result of Share Buyback

Griffin Mining Limited

23 June 2026

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018

8^th Floor, 54 Jermyn Street, London, SW1Y 6LX. United Kingdom

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

E mail: [e-mail]

Griffin Mining Limited

("Company" or "Griffin")

23rd June 2026

Result of Share Buyback via Reverse Accelerated Bookbuild

Related Party Transaction

Total Voting Rights

Following the launch announcement on 19 June 2026 (the "Launch Announcement"), Griffin is pleased to announce the final results of the share buyback to purchase ordinary shares of $0.01 each in the Company ("Ordinary Shares") via a reverse accelerated bookbuild (the "RABB Buyback").

Pursuant to the RABB Buyback, 3,304,340 Ordinary Shares will be acquired at a price of 318 pence per Ordinary Share (the "Buyback Price") for total consideration of $13,870,296 by Panmure Liberum, acting as principal. The Ordinary Shares purchased by the Company pursuant to the RABB Buyback will be cancelled (the "Cancellation").

On Cancellation, the Company's issued ordinary share capital will be 173,287,831 Ordinary Shares and the total number of voting rights in the Company will be 173,287,831. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

As part of the RABB Buyback, the Company is purchasing 2,363,340 Ordinary Shares from Richard Griffiths. This constitutes a related party transaction under Rule 13 of the AIM Rules, due to his status as a Substantial Shareholder (as defined under the AIM Rules). In this context, the Directors of the Company confirm, having consulted with the Company's nominated adviser, Panmure Liberum, that they consider that Griffin purchasing Ordinary Shares sold by Richard Griffiths in the RABB Buyback to be fair and reasonable insofar as its shareholders are concerned.

The person responsible for arranging the release of this announcement on behalf of the Company is

Roger Goodwin, Finance Director.

Enquiries:

Griffin Mining Limited	Telephone: [phone]
Mladen Ninkov - Chairman
Roger Goodwin - Finance Director
Panmure Liberum	Telephone: [phone]
James Sinclair-Ford / Zak Wadud
Rupert Dearden / Rauf Munir

Important Notices

The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (Regulation 596/2014) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Panmure Liberum Limited ("Panmure Liberum"), which is authorised and regulated in the United Kingdom by the FCA, is acting as nominated adviser and broker exclusively for Griffin and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters set out in this announcement and will not be responsible to anyone other than Griffin for providing the protections afforded to clients of Panmure Liberum, nor for providing advice in relation to the contents of this announcement or any other matter referred to herein. Neither Panmure Liberum nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Panmure Liberum in connection with this announcement, any statement contained herein or otherwise or any transaction, arrangement or other matter referred to herein.

Neither Panmure Liberum nor any of its affiliates nor any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to, the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to Griffin, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

All times referred to are London, UK, time unless otherwise stated.

 

END