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PDMR Dealing

31 Dec 2020 11:49

RNS Number : 3155K
Argo Blockchain PLC
31 December 2020
 

 

31 December 2020

 

Argo Blockchain PLC

('Argo' or 'The Company') 

 

PDMR Dealing

 

Argo, the leading cryptocurrency miner based in the UK LSE: ARB), announces that on 30 December 2020, Peter Wall, a director of the Company, sold the following ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") at a price per share of 29.5 pence.

 

PDMR / Person closely associated

Ordinary Shares sold

Weighted average price per Ordinary Share

Resultant Shareholding

Percentage of the total voting rights of the Company

Peter Wall

1,400,000

£0.295

570,000

0.19%

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

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

Peter Wall

2.

Reason for the Notification

a)

Position/status

PDMR

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Argo Blockchain PLC

b)

LEI

213800WPCCYSDYY26J54

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 the Financial instrument, type of instrument

Ordinary shares

Identification Code

GB00BZ15CS02

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

29.5 pence per Ordinary Share

1,400,000 Ordinary Shares

d)

Aggregated information:

 Aggregated volume

· Price

 

1,400,000 Ordinary Shares

29.5 pence per Ordinary Share

e)

Date of the transaction

30 December 2020

f)

Place of the Transaction

Off Market

 

For further information please contact:

 

Argo Blockchain

Peter Wall, Chief Executive

Ian MacLeod, Executive Chairman

via Tancredi Tel: +44 203 434 2334

 

Corporate Broker - finnCap Ltd

Jonny Franklin-Adams

Kate Washington 

(Corporate Finance)

Richard Chambers (Corporate Broking)

 Tel: +44 20 7220 0500

 

Media Relations - Tancredi Intelligent Communications

Salamander Davoudi

Emma Valgimigli

salamander@tancredigroup.com

Tel: +44 7957 549 906

emma@tancredigroup.com

Tel: +44 7727 180 873

 

About Argo:

Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB.

 

argoblockchain.com

 

See Argo's largest facility in Quebec:

https://youtu.be/LDWWaZ75Zbk

 

 

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