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Argo Blockchain PLC (ARB)

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Wednesday 15 May, 2019

Argo Blockchain PLC

Director/PDMR Shareholding

RNS Number : 1792Z
Argo Blockchain PLC
15 May 2019
 

 

PRESS RELEASE

 

15 May 2019

 

Argo Blockchain PLC

('Argo' or 'the Company')

 

Director's Dealings

 

Argo, a leading UK-based cryptomining company (LSE:ARB) announces that on 13 May 2019, Durban Holdings Ltd, a company under the joint ownership and control of Jonathan Bixby and Mike Edwards, being directors of the Company, made purchases of the following ordinary shares of £0.001 each in the Company (Ordinary Shares). 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

2,000,000

4.89 pence

40,700,000

13.86%

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 - Jonathan Bixby and 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)

4.89 pence per Ordinary Share

2,000,000 Ordinary Shares

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

2,000,000 Ordinary Shares

4.89 pence per Ordinary Share

e)

Date of the transaction

13 May 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 +44 203 434 2334

 

 

+44 (0) 7876 455323

 

Tancredi Intelligent Communication

 

Media Relations

Salamander Davoudi

[email protected]

Georgia Hanias

[email protected]

Emma Valgimigli

[email protected]

 

+44 7957 549 906

 

+44 7812 211 403

 

+44 203 434 2322

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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