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Last checked at 
22 Sep 2023 09:59
8th Floor, 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
UPDATE TO SHARE BUY-BACK PROGRAMME
22nd September 2023
On 25th February 2021, Griffin Mining Limited ("Griffin", or the "Company") announced a share buy-back programme to return excess monies not required to meet financial and working capital requirements to shareholders. On 12th September 2023, the Company announced that it was renewing efforts to successfully effect the previously announced share buy-back programme.
Under the terms of the buy-back programme as originally announced, the Company will not purchase more than 25% of the average daily volume of its shares, being based on the average daily volume traded in the 20 trading days preceding the date of purchase. In order to proceed with the share buy-back programme in a more effective manner, the Company has agreed that the share buy-back may on any given trading day exceed 25 percent but remain below 50 percent of the average daily volume traded in the 20 trading days preceding the date of purchase. Should this occur, the Company may not benefit from the exemption contained in Article 5(1) in MAR.
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
Dougie McLeod
Berenberg Telephone: +44(0)20 3207 7800
Matthew Armitt
Jennifer Wyllie
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
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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