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ARGO BLOCKCHAIN PLC Director's Dealing 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7424S
Argo Blockchain PLC
17 November 2021
Press Release
17 November 2021
Argo Blockchain PLC
('Argo' or 'The Company')
Director's Dealings
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), today announces that on 16 November 2021, Peter Wall, Chief Executive Officer of Argo, and Alex Gow, a person closely associated with Sarah Gow, a non-executive director of Argo, purchased the following American Depositary Receipts (ADRs) representing 10 ordinary shares of £0.001 each in the capital of the Company (Ordinary Shares) and Ordinary Shares respectively.
| PDMR / Person closely associated | Ordinary Shares / ADRs purchased1 | Weighted average price | Resultant Shareholding of Ordinary Shares | Percentage of the total voting rights of the Company |
| Peter Wall | 7,100 ADRs representing 71,000 Ordinary Shares | $19.132 per ADR | 1,116,000 | 0.24% |
| Alex Gow1 | 40,000 Ordinary Shares | £1.32 per Ordinary Share | 815,0002 | 0.17%2 |
Notes:
1 - Person closely associated with Sarah Gow, a director of the Company
2 -The total interests of Sarah Gow and persons closely associated with her in the Company's share capital are 2,740,000 Ordinary Shares representing 0.59% of the total voting rights of the Company.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Wall
2.
Reason for the Notification
a)
Position/status
PDMR
b)
Initial notification / Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argo Blockchain PLC
b)
LEI
213800WPCCYSDYY26J54
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the Financial instrument, type of instrument
American Depositary Receipts
Identification Code
US0401261047
b)
Nature of the transaction
Purchase of American Depositary Receipts
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| US$ 19.132 per ADR | 7,100 ADRs |
d)
Aggregated information:
Aggregated volume
· Price
7,100 ADRs
US$ 19.132 per ADR
e)
Date of the transaction
16 November 2021
f)
Place of the Transaction
Nasdaq
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alex Gow
2.
Reason for the Notification
a)
Position/status
Person closely associated with Sarah Gow, a director of the Company
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) |
| 132 pence per Ordinary Share | 40,000 Ordinary Shares |
d)
Aggregated information:
Aggregated volume
· Price
40,000 Ordinary Shares
132 pence per Ordinary Share
e)
Date of the transaction
16 November 2021
f)
Place of the Transaction
London Stock Exchange
This announcement contains inside information.
For further information please contact:
| Argo Blockchain | |
| Peter Wall Chief Executive |
via Tancredi +44 203 434 2334 |
| finnCap Ltd | |
| Corporate Finance Jonny Franklin-Adams Tim Harper Joint Corporate Broker Sunila de Silva |
+44 207 220 0500 |
| Tennyson Securities | |
| Joint Corporate Broker Peter Krens |
+44 207 186 9030 |
| OTC Markets | |
| Jonathan Dickson [email protected] |
+44 204 526 4581 +44 7731 815 896 |
| Tancredi Intelligent Communication UK & Europe Media Relations |
|
| Emma Valgimigli Emma Hodges Salamander Davoudi [email protected] |
+44 7727 180 873 +44 7861 995 628 +44 7957 549 906 |
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 and on the Nasdaq Global Select Market in the United States under the ticker: ARBK.
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