• Monday 7th June 2021

Exercise of Options

Exercise of Options

Exercise of Options

 4th June 2021

 

Griffin Mining Ltd (“the Company”) announces that the Company has been notified of and subsequently authorised on 3rd June 2021 the exercise of options (“the Options”) over 125,000 new ordinary shares in the Company granted to the directors and management in February 2015 at an exercise price of 30p per share.

The options are being exercised and shares allocated to a former employee of a subsidiary of the Company. Following the exercise of the Options there will be 174,642,894 Ordinary Shares in the Company in issue. There are 899,799 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 11th June 2021.

 

Further information

Griffin Mining Limited                                                       Telephone: +44 (0)20 76290 7772

Mladen Ninkov – Chairman

Roger Goodwin – Finance Director

Panmure Gordon (UK) Limited                                   Telephone: +44 (0)20 7886 2500

John Prior

Joanna Langley

Berenberg                                                Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Wyllie

Deltir Elezi

Blytheweigh                                                Telephone: +44(0)20 7138 3205

Tim Blythe

Swiss Resource Capital AG                                      Telephone: +41(0)71 354 8501

Jochen Staiger