• Tuesday 9th March 2021

TRANSACTION IN OWN SHARES

TRANSACTION IN OWN SHARES

TRANSACTION IN OWN SHARES

 8 March 2021

 

Griffin Mining Limited announces that on 8 March 2021 it purchased 47,500 ordinary shares of $0.01 each (“Ordinary Shares”) on the London Stock Exchange through Panmure Gordon (UK) Limited, in accordance with the terms of its share buy-back programme (the “Buy-back”) announced on 25 February 2021 (the “Programme”). The purchased shares will be held in treasury.

 

Date of purchase:                                                                                  8 March 2021

Aggregate number of ordinary shares purchased:                                     47,500

Lowest price paid per share (pence per share):                                           128

Highest price paid per share (pence per share):                                          132

Volume weighted average price paid per share (pence per share):             128

 

The total number of ordinary shares of the Company (including treasury shares) following the purchase is 174,492,894. The Company now holds 627,500 shares in treasury. The total voting rights of the Company following the purchase is 173,865,394.

The total voting rights figure (173,865,394) 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 Griffin Mining Limited under the FCA’s Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedules below contain a summary of and detailed information about the purchases made by the Company’s broker, Panmure Gordon (UK) Limited on behalf of the Company.

 

Number of shares purchased Transaction price (pence per share) Time of transaction Execution venue
25,000 128 13:42 LSE
17,500 128 13:59 LSE
5,000 132 16:23 LSE

 

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

Joanna Langley

Berenberg                                                                  Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Wyllie

Deltir Elezi