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RNS Number : 4030Z Griffin Mining Limited 06 August 2024
8(th) Floor, 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 (mailto:griffin@griffinmining.com)
Transaction in own shares
Cancellation of share buyback programme
6(th) August 2024
Griffin Mining Ltd ("the Company") announces that on 5(th) August 2024 Panmure
Liberum Limited ("Panmure Liberum") purchased on behalf of the Company 26,728
of the Company's own ordinary shares ("Ordinary Shares") at a price of 130
pence per Ordinary Share. The Ordinary Shares have been purchased to be held
in treasury for the time being.
The Ordinary Shares have been purchased under an irrevocable commitment with
the Company's corporate broker, Panmure Liberum, to manage the Share Buyback
Programme, announced on 26(th) February 2024, on the Company's behalf. The
Company announces that is has now terminated the Share Buyback Programme,
effective today (6(th) August 2024). The Board intends to continue to purchase
its own Ordinary Shares on an ad-hoc basis in accordance with the Company's
general authority to repurchase its Ordinary Shares. A further announcement in
relation to the commencement of such buyback and its terms will be made in due
course.
Following completion of the purchase of these Ordinary Shares and the Share
Buyback Programme there are 184,530,477 Ordinary Shares in issue, of which
1,216,996 Ordinary Shares will be held in treasury.
Consequently, shareholders should use 183,313,481 Ordinary Shares as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company.
Further information
Griffin Mining Limited
Mladen Ninkov -
Chairman
Telephone:
+44(0)20 7629 7772
Roger Goodwin - Finance Director
Panmure Liberum Limited - Nominated Adviser & Joint
Broker Telephone:
+44 (0)20 7886 2500
James Sinclair-Ford
Kieron Hodgson
Dougie McLeod
Berenberg - Joint Broker
Telephone: +44(0)20 3207 7800
Matthew Armitt
Jennifer Lee
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 (http://www.griffinmining.com/)
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