LONDON (Alliance News) - Foreign mining investment company Griffin Mining Ltd said Thursday that Trellus Co LLC purchased 40,000 shares at a price of 104.25 pence each on Wednesday.
Griffin Mining Director Adam Usdan is also the president of Trellus, and thus serves as the person closely associated with a person discharging managerial responsibilities on account of his connections.
The transaction had a total value of GBP41,600.
Usdan raised his holding to 33.0 million shares, accounting for 19.1% of the company's issued share capital.
Griffin Mining shares closed down 1.0% at 104.00p each on Thursday.
Griffin Mining (GFM)