Monthly Archives :

May 2015

Holding(s) in company
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii Griffin Mining Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached  
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments  
An event changing the breakdown of voting rights  
Other (please specify):  
3. Full name of person(s) subject to the notification obligation: iii Richard Griffiths and controlled undertakings
4. Full name of shareholder(s) (if different from 3.):iv  
5. Date of the transaction and date on which the threshold is crossed or reached: v 13 May 2015
6. Date on which issuer notified: 13 May 2015
7. Threshold(s) that is/are crossed or reached: vi, vii > 4%

 

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares

if possible using the ISIN CODE

 Situation previous to the triggering transaction Resulting situation after the triggering transaction
Number of Shares Number of Voting Rights Number of shares Number of voting rights % of voting rights x
Direct Direct xi Indirectxii Direct Indirect
 

BMG319201049

  

6,000,000

  

6,000,000

  

7,000,000

  

7,000,000

  

 

  

4.07%

  

 

 

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration date xiii Exercise/Conversion Period xiv Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
         

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument Exercise price Expiration date xvii Exercise/Conversion period xviii Number of voting rights instrument refers to

 

 % of voting rights xix, xx

 
         

 

 Nominal Delta
   

 

Total (A+B+C)
Number of voting rights Percentage of voting rights
 

7,000,000

  

4.07%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Seren Capital Management Limited 175,000
Blake Holdings Limited 5,325,000
Oak Trust Limited 750,000
Richard Griffiths direct holdings 750,000

Total 7,000,000

The above undertakings are all controlled by Richard Griffiths

 

Proxy Voting:
10. Name of the proxy holder:  
11. Number of voting rights proxy holder will cease to hold:  
12. Date on which proxy holder will cease to hold voting rights:  

 

13. Additional information:  
14. Contact name: James Sutcliffe
15. Contact telephone number: 01534 719761

 

Transaction in Own shares

Griffin Mining Ltd (“the Company”) announces that on 1st May 2015 it purchased 1,500,000 of the Company’s own ordinary shares (“Ordinary Shares”) at a price of 40.0p per share. The Ordinary Shares have been purchased to be held in treasury. Following completion of the purchase of these shares there will be 8,703,103 shares held in treasury.

The purchase represented 0.8% of the Company’s issued share capital and was pursuant to the bye-laws of the Company and a resolution passed by the directors.

Directors 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 1st May 2015 a further 1,000,000 ordinary shares in Griffin at a price of 40.0p pence per share. Following this purchase Mr. Adam Usdan, through both direct and indirect interests, has a beneficial interest in 30,574,556 shares in Griffin, representing 17.1% of the Company’s issued share capital.