Transaction in Own Shares (6888C)
10 März 2011 - 8:51AM
UK Regulatory
TIDMGFM
RNS Number : 6888C
Griffin Mining Ld
10 March 2011
Griffin Mining Ltd
Transaction in Own Shares
10th March 2011
Griffin Mining Ltd ("the Company") announces that on 9th March
2011 Panmure Gordon purchased 150,000 of the Company's own ordinary
shares ("Ordinary Shares") at an average price of 65.5p per share
on behalf of the Company in accordance with the irrevocable and
non-discretionary arrangement with Panmure Gordon, as announced on
1st February 2011. The Ordinary Shares have been purchased for
cancellation (the "Purchase and Cancellation").
The purchase represented 0.08% of the Company's issued share
capital before the Purchase and Cancellation and was pursuant to
the byelaws of the Company and a resolution passed by the
directors.
Following the cancellation of these Ordinary Shares there will
be 178,191,830 Ordinary Shares in the Company in issue. There are
no shares held in treasury.
For further enquiries:
Griffin Mining Limited +44 (0) 20 7629 7772
Mladen Ninkov, Chairman
Roger Goodwin, Finance Director
Panmure Gordon (UK) Limited +44 (0) 20 7459 3600
Dominic Morley
Hannah Woodley
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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