19 Dec 2019 07:00
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
19th December 2019.
Griffin Mining Ltd ("the Company") announces that the Company has been notified on 17th December 2019 of the exercise of options ("the Options") over 37,500 new ordinary shares in the Company granted in February 2015 at an exercise price of 30p per share and consequent receipt of £11,250.
The Options have been exercised, and the new Ordinary shares issued to a person who is not a Person Discharging Management Responsibilities ("PDMR")
Following the exercise of the Options there will be 172,786,228 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 37,500 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 30th December 2019.
Further information
Griffin Mining Limited: Telephone: +44 (0)20 7629 7772
Mladen Ninkov (Chairman)
Roger Goodwin (Finance Director & Company Secretary)
Numis Securities Limited: Telephone: +44 (0)20 7260 1000
John Prior
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)