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: [e-mail]

Exercise of Options

18^th February 2021 .

Griffin Mining Ltd ("the Company") announces that the Company has been notified of and subsequently authorised on 17^th 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: [phone]
Mladen Ninkov - Chairman Roger Goodwin - Finance Director
Panmure Gordon (UK) Limited	Telephone: [phone]
John Prior Dominic Morley
Berenberg	Telephone: [phone]
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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