Griffin Mining Ld Exercise of Options (1266I)
09 Dezember 2020 - 5:07PM
UK Regulatory
TIDMGFM
RNS Number : 1266I
Griffin Mining Ld
09 December 2020
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: griffin@griffinmining.com
Exercise of Options
8(th) December 2020
Griffin Mining Ltd ("the Company") announces that the Company
has been notified o n 2(nd) December 2019 of the exercise of
options ("the Options") over 40,000 new ordinary shares in the
Company granted in February 2015 at an exercise price of 30p per
share and consequent receipt of GBP12,000.
The Options have been exercised, and the new Ordinary shares are
being issued to an ex-employee who is not a Person Discharging
Management Responsibilities ("PDMR").
Following the exercise of the Options there will be 172,826,228
Ordinary Shares in the Company in issue. 540,000 Ordinary Shares
are held in treasury.
Application will be made to the London Stock Exchange for 40,000
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 15(th) December 2020.
Further information
Griffin Mining Limited
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500
John Prior
Dominic Morley
Berenberg Telephone: +44(0)20 3207 7800
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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END
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