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ARGO BLOCKCHAIN PLC — Director's Dealing 2019
May 15, 2019
5008_dirs_2019-05-15_def58a0f-51bd-4e1e-b899-f2336dba34ee.html
Director's Dealing
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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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