TIDMGFM

RNS Number : 8033J

Griffin Mining Ld

07 December 2018

Griffin Mining Limited

8(th) 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

7(th) December 2018

DIRECTOR'S SHARE DEALING

Griffin Mining Limited ("Griffin") has been advised that Trellus Management Company LLC in which Mr Adam Usdan, a non-executive director of Griffin, has an interest, purchased on 6(th) December 2018 a further 50,000 ordinary shares in Griffin at a price of 92.0p pence per share. Following this purchase Mr. Adam Usdan, through both direct and indirect interests, has a beneficial interest in 33,242,890 shares in Griffin, representing 19.2% 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/     Initial notification 
       Amendment 
---  ------------------------  ----------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ------------------------------------------------------------------------------- 
 a)   Name                      Griffin Mining Limited 
---  ------------------------  ----------------------------------------------------- 
 b)   LEI                       213800VXEARSK4D5UG12 
---  ------------------------  ----------------------------------------------------- 
 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               Ordinary Shares 
       the financial 
       instrument, type 
       of instrument 
       Identification 
       code 
---  ---------------------------  -------------------------------------------------- 
 b)   Nature of the                Purchase of ordinary shares by Trellus Management 
       transaction                  Company LLC in which Mr Adam Usdan has an 
                                    interest. 
---  ---------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)                   Price(s)                Volume(s) 
                                               ----------------------  ---------- 
                                                92.0 pence per share    50,000 
                                               ----------------------  ---------- 
---  ---------------------------  -------------------------------------------------- 
 d)   Aggregated information       50,000 ordinary shares in Griffin Mining 
       - Aggregated                 Limited at 92.0p each. 
       volume 
       - Price 
---  ---------------------------  -------------------------------------------------- 
 e)   Date of the transaction      6(th) December 2018 
---  ---------------------------  -------------------------------------------------- 
 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) 
 Roger Goodwin (Finance Director & Company 
  Secretary) 
 
 Panmure Gordon (UK) Limited 
 Dominic Morley                               +44 (0)20 7886 2500

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFSUSUWFASESE

(END) Dow Jones Newswires

December 07, 2018 04:10 ET (09:10 GMT)

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