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CORRECT (Jan 5): Griffin Mining buys back shares from joint broker

ALN

(Clarifies that Griffin Mining bought back shares.)

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Last week Friday, entered into trades through its joint broker Joh. Berenberg, Gossler & Co KG to buy 8.9 million of its own shares, about 4.6%, at a price of 88 pence per share for £7.8 million. Griffin Mining Finance Director Roger Goodwin sells 1.4 million shares at 88p each as part of the transaction. After the sale, Goodwin holds a 0.8% stake of issued shares in the company, or 1.5 million shares.

Current stock price: 88.00 pence

12-month change: up 19%

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