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Argo Blockchain PLC announced on 3 February 2025 that Jim MacCallum, its Interim Chief Executive Officer and Chief Financial Officer, purchased American Depositary Receipts (ADRs). Between 29 and 30 January 2025, Mr. MacCallum acquired a total of 75,000 ADRs at an aggregated weighted average price of US $0.4617 per ADR.
| Date | 3 Feb 2025 |
| Time | 07:00:07 |
| Category | Director/PDMR dealings |
| ID | 5500V |
Press Release
3 February 2025
Argo Blockchain plc
("Argo" or "the Company")
PDMR Dealing
Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announces that between 29 and 30 January 2025, Jim MacCallum, the Company's Interim Chief Executive Officer and Chief Financial Officer, purchased American Depositary Receipts representing the Company's ordinary shares ("ADRs"):
|
PDMR / Person closely associated |
Purchased |
Weighted average price per Ordinary Share/ADR |
|
Jim MacCallum |
25,000 ADRs |
US $0.4550 per ADR |
|
Jim MacCallum |
25,000 ADRs |
US $0.4600 per ADR |
|
Jim MacCallum |
25,000 ADRs |
US $0.4700 per ADR |
This announcement contains inside information.
PDMR notification
Share Purchase
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jim MacCallum |
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2. |
Reason for the Notification |
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a) |
Position/status |
PDMR |
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b) |
Initial notification / Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Argo Blockchain PLC |
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b) |
LEI |
213800WPCCYSDYY26J54 |
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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 |
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|
a) |
Description of the Financial instrument, type of instrument |
American Depositary Receipts representing the Company's ordinary shares ("ADRs"):
|
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Identification Code |
US0401261047
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b) |
Nature of the transaction |
Purchase of ADRs |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information: Aggregated volume Price |
75,000 ADRs US $0.4617 per ADR |
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e) |
Date of the transaction |
29 and 30 January 2025 |
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f) |
Place of the Transaction |
NASDAQ |
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For further information please contact:
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Argo Blockchain |
|
|
Investor Relations |
|
|
Tennyson Securities |
|
|
Corporate Broker Peter Krens |
+44 207 186 9030 |
|
Fortified Securities |
|
|
Joint Broker Guy Wheatley, CFA |
+44 74930989014 |
|
Tancredi Intelligent Communication UK & Europe Media Relations |
About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With a mining facility in Quebec, mining operations in Tennessee, and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visit www.argoblockchain.com.