TIDMARB

RNS Number : 2922S

Argo Blockchain PLC

07 July 2020

PRESS RELEASE

7 July 2020

Argo Blockchain PLC

('Argo' or 'the Company')

Director's Dealings

Argo, a leading UK-based cryptomining company (LSE:ARB) announces that on 7 July 2020, Peter Wall (Chief Executive Officer of Argo Blockchain PLC) made a purchase of the following ordinary shares of GBP0.001 each in the Company (Ordinary Shares) at a price per share of 3.5 pence:

 
 PDMR / Person closely    Ordinary     Weighted        Resultant       Percentage 
  associated               Shares       average         Shareholding    of the 
                           purchased    price                           total 
                                        per Ordinary                    voting 
                                        Share                           rights 
                                                                        of the 
                                                                        Company 
 Peter Wall               570,000      3.5 pence       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                 CEO 
     ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / Amendment 
     ------------------------------  ------------------------------------- 
 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              Ordinary shares 
       Financial instrument, 
       type of instrument 
      Identification Code             GB00BZ15CS02 
     ------------------------------  ------------------------------------- 
 b)   Nature of the transaction       Purchase of shares 
     ------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
                                        3.5 pence per     570,000 Ordinary 
                                         Ordinary Share    Shares 
                                                         ----------------- 
     ------------------------------  ------------------------------------- 
 d)        Aggregated information: 
             *    Aggregated volume     570,000 Ordinary Shares 
                                        3.5 pence per Ordinary Share 
 
             *    Price 
     ------------------------------  ------------------------------------- 
 e)   Date of the transaction         7 July 2020 
     ------------------------------  ------------------------------------- 
 f)   Place of the Transaction        London Stock Exchange 
     ------------------------------  ------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

END

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July 07, 2020 08:57 ET (12:57 GMT)

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