Griffin Mining Limited Transaction in Shares 20 JULY 2023 (6661G)
July 20 2023 - 4:22AM
UK Regulatory
TIDMGFM
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
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.
Details of the person discharging managerial responsibilities/person
1 closely associated
=== ==============================================================================
a) Name Adam Usdan
======================== ====================================================
Reason for the notification
2
==============================================================================
a) Position/status Director
======================== ====================================================
b) Initial notification/ Initial notification
Amendment
======================== ====================================================
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
==============================================================================
a) Name Griffin Mining Limited
======================== ====================================================
b) LEI 213800GNF70RCZFL9976
======================== ====================================================
Details of the transaction(s): section to be repeated for
4 (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 Ordinary Shares
the financial
instrument, type
of instrument
Identification
code
========================== ==================================================
b) Nature of the Disposal of Ordinary Shares
transaction
========================== ==================================================
c) Price(s) and 414,470 at 86 pence per share
volume(s)
========================== ==================================================
d) Aggregated information 414,470 Ordinary Shares in Griffin Mining Limited
-Aggregated at 86 pence per share totalling GBP356,444
volume
- Price
========================== ==================================================
e) Date of the transaction 19(th) July 2023
========================== ==================================================
f) Place of the London Stock Exchange Alternative Investment
transaction 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
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END
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