PDMR Dealing

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: [phone]
Corporate Broker - finnCap Ltd
Jonny Franklin-Adams Kate Washington  (Corporate Finance) Richard Chambers (Corporate Broking)	Tel: [phone]
Media Relations - Tancredi Intelligent Communications
Salamander Davoudi Emma Valgimigli	[e-mail] Tel: [phone] [e-mail] Tel: [phone]

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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