Transaction in Shares 20 JULY 2023

Griffin Mining Limited

20 July 2023

 

8^th Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX.  United Kingdom

Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: [e-mail]

TRANSACTION IN SHARES

20^th July 2023

Griffin Mining Limited ("the Company") announces that the Company has been notified that on the 19^th  July 2023, Trellus Partners LLP (the "Partnership"), the General Partner of a Limited Partnership in which Mr. Adam Usdan, a non-executive director, has a controlling interest, distributed 414,470 shares in the Company at 86 pence per share to a Limited Partner of the Partnership.

Following this disposal Mr. Adam Usdan will have a direct and indirect holding in the Company of 29,794,878 Ordinary Shares, representing 14.9% of the Company's issued share capital.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Adam Usdan
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Griffin Mining Limited
b)	LEI	213800GNF70RCZFL9976
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary Shares
b)	Nature of the transaction		Disposal of Ordinary Shares
c)	Price(s) and volume(s)		414,470 at 86 pence per share
d)	Aggregated information -Aggregated volume - Price		414,470 Ordinary Shares in Griffin Mining Limited at 86 pence per share totalling £356,444
e)	Date of the transaction		19th July 2023
f)	Place of the transaction		London Stock Exchange Alternative Investment Market
(1)  Commission Delegated Regulation (EU) 2016/522 of 17 December 2015 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council as regards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notifications of delays, the permission for trading during closed periods and types of notifiable managers' transactions (see page 1 of this Official Journal).

About Griffin Mining Limited 

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates in China, through its 88.8% owned Joint Venture stock company, the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website www.griffinmining.com.

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman                            Telephone: [phone]

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited                                Telephone: [phone]

             John Prior

             Freddie Twist

Berenberg                                                                  Telephone: [phone]

            Matthew Armitt

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

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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