REG - Argo Blockchain PLC - Director/PDMR Shareholding

Argo BlockchainAnnouncement

22/07/2019 07:05

RNS Number : 1839G
Argo Blockchain PLC
22 July 2019
 


 
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:
 



Argo Blockchain


 




Timothy Le Druillenec
Chief Financial Officer
Neil Thapar
Financial Communications Advisor


via Tancredi +44 203 434 2334
 
 
+44 (0) 7876 455323
 




Tancredi Intelligent Communication
 


Media Relations




Salamander Davoudi
salamander@tancredigroup.com
Emma Valgimigli
emma@tancredigroup.com
 


+44 7957 549 906
 
+44 203 434 2322



 
 
 
 




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