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) |
|
||||
|
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
|
|
Tancredi Intelligent Communication
|
Media Relations |
|
Salamander Davoudi Georgia Hanias Emma Valgimigli
|
|
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.
