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Griffin Mining Ld (GFM)

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Tuesday 24 March, 2020

Griffin Mining Ld

Director/PDMR Shareholding

RNS Number : 2943H
Griffin Mining Ld
24 March 2020
 

 

 

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: [email protected]

 

24th March 2020

 

 

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 23rd March 2020 a further 100,000 ordinary shares in Griffin at a price of 32.25p pence per share. Following this purchase Mr. Adam Usdan, through both direct and indirect interests, has a beneficial interest in 33,412,890 shares in Griffin, representing 19.2% 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

213800VXEARSK4D5UG12

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)

 

32.25  pence per share

 

100,000

 

 

d)

Aggregated information
- Aggregated volume
- Price

100,000 ordinary shares in Griffin Mining Limited at 32.25p each.

e)

Date of the transaction

23rd March 2020

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)

 

 

 

Numis Securities Limited

 

John Prior

++44 (0)20 7260 1000

Alamgir Ahmed

 

 

 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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