Argo Blockchai. Regulatory News (ARB)

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%

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)

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

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