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Griffin Mining Ld (GFM)

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Thursday 18 February, 2021

Griffin Mining Ld

Exercise of Options

RNS Number : 6279P
Griffin Mining Ld
18 February 2021
 

 

GRIFFIN MINING LIMITED

 

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: [email protected]

 

Exercise of Options

 

18th February 2021 .

Griffin Mining Ltd ("the Company") announces that the Company has been notified of and subsequently authorised on 17th February 2021 the exercise of options ("the Options") over 250,000 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 174,492,894 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 250,000 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 24 February 2021.

 

 

Further information

 

Griffin Mining Limited

Telephone: +44(0)20 7629 7772

Mladen Ninkov - Chairman

Roger Goodwin - Finance Director

 


Panmure Gordon (UK) Limited

Telephone: +44 (0)20 7886 2500

John Prior

Dominic Morley

 


Berenberg

Telephone: +44(0)20 3207 7800

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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