Argo Blockchain PLC PDMR Dealing

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	[e-mail]
Tennyson Securities
Corporate Broker Peter Krens	[phone]
Fortified Securities
Joint Broker Guy Wheatley, CFA	[phone] [e-mail]
Tancredi Intelligent Communication UK & Europe Media Relations	[e-mail]

 

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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