Argo Blockchain PLC Director's Dealings (7424S)
18 November 2021 - 4:43AM
UK Regulatory
TIDMARB
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 GBP0.001 each in the capital of
the Company (Ordinary Shares) and Ordinary Shares respectively.
PDMR / Person Ordinary Shares Weighted Resultant Percentage
closely associated / ADRs purchased(1) average price Shareholding of the total
of Ordinary voting rights
Shares of the Company
7,100 ADRs
representing
71,000 Ordinary $19.132 per
Peter Wall Shares ADR 1,116,000 0.24%
---------------------- ---------------- -------------- ----------------
GBP1.32 per
40,000 Ordinary Ordinary
Alex Gow(1) Shares Share 815,000(2) 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 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 Financial American Depositary Receipts
instrument, type of instrument
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 7,100 ADRs
per ADR
-----------
-------------------------------- --------------------------------
d) Aggregated information:
Aggregated volume 7,100 ADRs
* Price 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 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 Financial Ordinary shares
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)
132 pence per 40,000 Ordinary
Ordinary Share Shares
----------------
-------------------------------- -------------------------------------
d) Aggregated information:
Aggregated volume 40,000 Ordinary Shares
* Price 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 via Tancredi +44 203 434 2334
Chief Executive
------------------------------
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 +44 204 526 4581
jonathan@otcmarkets.com +44 7731 815 896
------------------------------
Tancredi Intelligent Communication
UK & Europe Media Relations
------------------------------
Emma Valgimigli
Emma Hodges +44 7727 180 873
Salamander Davoudi +44 7861 995 628
argoblock@tancredigroup.com +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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END
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