ARB.L

Argo Blockchain
Argo Blockchain PLC - PDMR Dealing
3rd February 2025, 07:00
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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

US $0.4600 per ADRs

US $0.4700  per ADR

25,000 ADRs

25,000 ARRs

25,000 ADRs

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

Peter Krens

 +44 207 186 9030

Fortified Securities


Joint Broker

Guy Wheatley, CFA

+44 74930989014

guy.wheatley@fortifiedsecurities.com

Tancredi Intelligent Communication

UK & Europe Media Relations

  argoblock@tancredigroup.com

 

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.

 

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