Argo Blockchain PLC Director/PDMR Shareholding (1792Z)
May 15 2019 - 1:20PM
UK Regulatory
TIDMARB
RNS Number : 1792Z
Argo Blockchain PLC
15 May 2019
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 GBP0.001 each in the Company (Ordinary Shares).
The purchase was made by Durban Holdings Ltd for the account of
Mike Edwards:
PDMR / Person closely Ordinary Weighted Resultant Percentage
associated Shares purchased average Shareholding of the total
price per voting rights
Ordinary of the Company
Share
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 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)
4.89 pence per 2,000,000 Ordinary
Ordinary Share Shares
-------------------
-------------------------------- ---------------------------------------
d) Aggregated information:
* Aggregated volume 2,000,000 Ordinary Shares
4.89 pence per Ordinary Share
* Price
-------------------------------- ---------------------------------------
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 via Tancredi +44 203
Chief Financial Officer 434 2334
Neil Thapar +44 (0) 7876 455323
Financial Communications
Advisor
--------------------
Tancredi Intelligent Communication Media Relations
--------------------
Salamander Davoudi
salamander@tancredigroup.com
Georgia Hanias
Georgia@tancredigroup.com +44 7957 549 906
Emma Valgimigli +44 7812 211 403
emma@tancredigroup.com +44 203 434 2322
--------------------
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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