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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July 20, 2023 05:22 ET (09:22 GMT)

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