Business
Transaction in Own Shares & Buyback Cancellation
Transaction in Own Shares & Buyback Cancellation.
About this update from Griffin Mining Limited
[{"type":"text","content":"\n\n\n \n8th Floor, 54 Jermyn Street, London, SW1Y 6LX. United Kingdom\nTelephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773\nE mail: [email protected]\n \nTransaction in own shares\nCancellation of share buyback programme\n \n6th August 2024\nGriffin Mining Ltd (\"the Company\") announces that on 5th 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.\nThe 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 26th February 2024, on the Company's behalf. The Company announces that is has now terminated the Share Buyback Programme, effective today (6th 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.\n \nFollowing 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.\n \nConsequently, 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.\n \nFurther information\n \nGriffin Mining Limited\nMladen Ninkov - Chairman Telephone: +44(0)20 7629 7772\nRoger Goodwin - Finance Director\n \nPanmure Liberum Limited - Nominated Adviser & J...