Director/PDMR Shareholding

RNS Number : 1839G

Argo Blockchain PLC

22 July 2019

 

PRESS RELEASE

22 July 2019

Argo Blockchain PLC

('Argo' or 'the Company')

Director's Dealings

Argo, a leading UK-based cryptomining company (LSE:ARB) announces that on 18 July 2019, Durban Holdings Ltd, a company of which Mike Edwards (being a director of the Company) is a beneficial owner, made a purchase of the following ordinary shares of £0.001 each in the Company (Ordinary Shares) at a price per share of 6.9 pence. The purchase was made by Durban Holdings Ltd for the account of Mike Edwards:

PDMR / Person closely associated	Ordinary Shares purchased	Weighted average price per Ordinary Share	Resultant Shareholding	Percentage of the total voting rights of the Company
Durban Holdings Ltd	250,000	6.9 pence	40,950,000	13.94%

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	Durban Holdings Ltd
2.	Reason for the Notification
a)	Position/status	Person Closely Associated - Mike Edwards
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	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 6.9 pence per Ordinary Share 250,000 Ordinary Shares
d)	Aggregated information: ·     Aggregated volume ·     Price	250,000 Ordinary Shares 6.9 pence per Ordinary Share
e)	Date of the transaction	18 July 2019
f)	Place of the Transaction	London Stock Exchange

For further information please contact:

Argo Blockchain
Timothy Le Druillenec Chief Financial Officer Neil Thapar Financial Communications Advisor	via Tancredi [phone] [phone]
Tancredi Intelligent Communication	Media Relations
Salamander Davoudi [e-mail] Emma Valgimigli [e-mail]	[phone] [phone]

 

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