REG - Griffin Mining Ltd - Transaction in Shares 20 JULY 2023

Griffin MiningAnnouncement

20/07/2023 10:30

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RNS Number : 6661G  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: griffin@griffinmining.com (mailto:griffin@griffinmining.com)

 

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      Ordinary Shares
     code
 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                                                          414,470 Ordinary Shares in Griffin Mining Limited at 86 pence per share

-Aggregated volume                                                             totalling £356,444

- Price
 e)  Date of the transaction                                                         19(th) 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: +44(0)20 7629 7772

Roger Goodwin - Finance Director

 

Panmure Gordon (UK)
Limited
Telephone: +44 (0)20 7886 2500

             John Prior

             Freddie Twist

 

Berenberg
 
Telephone: +44(0)20 3207 7800

            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 (http://www.griffinmining.com/)

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