REG - Argo Blockchain PLC - PDMR Dealing

Argo BlockchainAnnouncement

03/02/2025 07:15

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RNS Number : 5500V  Argo Blockchain PLC  03 February 2025

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.

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jim MacCallum
 2.  Reason for the Notification
 a)  Position/status                                              PDMR
 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  American Depositary Receipts representing the Company's ordinary shares
                                                                  ("ADRs"):

     Identification Code                                          US0401261047

 b)  Nature of the transaction                                    Purchase of ADRs
 c)  Price(s) and volume(s)

Price(s)               Volume(s)
                                                                  US $0.4550  per ADR    25,000 ADRs

                                                                  US $0.4600 per ADRs    25,000 ARRs

                                                                  US $0.4700  per ADR    25,000 ADRs
 d)  Aggregated information:

     Aggregated volume                                            75,000 ADRs

     Price                                                        US $0.4617  per ADR
 e)  Date of the transaction                                      29 and 30 January 2025
 f)  Place of the Transaction                                     NASDAQ

d)

Aggregated information:

Aggregated volume

Price

 

75,000 ADRs

US $0.4617  per ADR

e)

Date of the transaction

29 and 30 January 2025

f)

Place of the Transaction

NASDAQ

 

 

For further information please contact:

 Argo Blockchain
 Investor Relations                  ir@argoblockchain.com
 Tennyson Securities
 Corporate Broker                     +44 207 186 9030

 Peter Krens
 Fortified Securities
 Joint Broker                        +44 74930989014

 Guy Wheatley, CFA                   guy.wheatley@fortifiedsecurities.com
                                     (mailto:guy.wheatley@fortifiedsecurities.com)
 Tancredi Intelligent Communication    argoblock@tancredigroup.com (mailto:argoblock@tancredigroup.com)

 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
(http://www.argoblockchain.com/) .

 

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