PRESS RELEASE
22 July 2019
Argo Blockchain PLC
('Argo' or 'the Company')
Director's Dealings
Argo, a leading UK-based cryptomining company (LSE:ARB) announces that on 18 July 2019, Durban Holdings Ltd, a company of which Mike Edwards (being a director of the Company) is a beneficial owner, made a purchase of the following ordinary shares of £0.001 each in the Company (Ordinary Shares) at a price per share of 6.9 pence. 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 |
250,000 |
6.9 pence |
40,950,000 |
13.94% |
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 - 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) |
Price(s) |
Volume(s) |
6.9 pence per Ordinary Share |
250,000 Ordinary Shares |
|
d) |
Aggregated information: · Aggregated volume · Price |
250,000 Ordinary Shares 6.9 pence per Ordinary Share |
e) |
Date of the transaction |
18 July 2019 |
f) |
Place of the Transaction |
London Stock Exchange |
For further information please contact:
