Argo Blockchain PLC Announces PDMR Dealing

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Argo Blockchain PLC Announces PDMR Dealing

TECHNOLOGY 03.02.2025

LONDON, ENGLAND / ACCESS Newswire / February 3, 2025 / 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"):

Text size:

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.

Details of the person discharging managerial responsibilities / person closely associated

Name

Jim MacCallum

Reason for the Notification

Position/status

PDMR

Initial notification / Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Argo Blockchain PLC

LEI

213800WPCCYSDYY26J54

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

Description of the Financial instrument, type of instrument

American Depositary Receipts representing the Company's ordinary shares ("ADRs"):

Identification Code

US0401261047

Nature of the transaction

Purchase of ADRs

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

Aggregated information:

Aggregated volume

Price

75,000 ADRs

US $0.4617 per ADR

Date of the transaction

29 and 30 January 2025

Place of the Transaction

NASDAQ

For further information please contact:

Argo Blockchain
Investor Relations	[email protected]
Tennyson Securities
Corporate Broker Peter Krens	+44 207 186 9030
Fortified Securities
Joint Broker Guy Wheatley, CFA	+44 74930989014 [email protected]
Tancredi Intelligent Communication UK & Europe Media Relations	[email protected]

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.

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 [email protected] or visit www.rns.com.

SOURCE: Argo Blockchain PLC

View the original press release on ACCESS Newswire

A.Moore--AT

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