1 Feb 2017 09:38
8th Floor, 54 Jermyn Street, London, SW1 Y 6LX, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773
E mail: griffin@griffinmining.com
1st February 2017
DIRECTOR'S SHARE DEALING
Griffin Mining Limited ("Griffin") has been advised that Trellus Co. LLC in which Mr Adam Usdan, a non-executive director of Griffin, has an interest, purchased on 31st January 2017 a further 25,000 ordinary shares in Griffin at a price of 52.75p pence per share. Following this purchase Mr. Adam Usdan, through both direct and indirect interests, has a beneficial interest in 30,659,556 shares in Griffin, representing 17.1% 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 |
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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 code | Ordinary Shares | |||||
b) | Nature of the transaction | Purchase of ordinary shares by Trellus Co. LLC in which Mr Adam Usdan has an interest. | |||||
c) | Price(s) and volume(s) |
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d) | Aggregated information- Aggregated volume- Price | 25,000 ordinary shares in Griffin Mining Limited at 52.75p each. | |||||
e) | Date of the transaction | 31st January 2017 | |||||
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). | |||||||
For further information:
Griffin Mining Limited | +44 (0)20 7629 7772 |
Mladen Ninkov (Chairman) |
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Roger Goodwin (Finance Director & Company Secretary) |
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Panmure Gordon (UK) Limited |
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Dominic Morley | +44 (0)20 7886 2500 |
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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
Griffin Mining (GFM)