6-K 1 a7428s.htm DIRECTOR'S DEALINGS a7428s
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
_____________________
 
FORM 6-K
 
_____________________
 
REPORT OF FOREIGN PRIVATE ISSUER
 
PURSUANT TO RULE 13a-16 OR 15d-16
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of November, 2021
 
Commission File Number: 001-40816
 
_____________________
 
Argo Blockchain plc
 
(Translation of registrant’s name into English)
 
_____________________
 
9th Floor
 
16 Great Queen Street
 
London WC2B 5DG
 
England
 
(Address of principal executive office)
 
_____________________
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F ☒           Form 40-F ☐      
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
 
 
 
 
EXHIBIT INDEX
 
Exhibit No.
       1
Description
Director's Dealings dated 17 November 2021
 
 
Press Release
 
17 November 2021
 
 
Argo Blockchain PLC
 
 
('Argo' or 'The Company') 
 
 
Director's Dealings
   
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), today announces that on 16 November 2021, Peter Wall, Chief Executive Officer of Argo, and Alex Gow, a person closely associated with Sarah Gow, a non-executive director of Argo, purchased the following American Depositary Receipts (ADRs) representing 10 ordinary shares of £0.001 each in the capital of the Company (Ordinary Shares) and Ordinary Shares respectively.
 
 
PDMR / Person closely associated
 
Ordinary Shares / ADRs purchased1
 
Weighted average price
 
Resultant Shareholding of Ordinary Shares
 
Percentage of the total voting rights of the Company
 
Peter Wall
 
7,100 ADRs representing 71,000 Ordinary Shares
 
$19.132 per ADR
 
1,116,000
 
0.24%
 
Alex Gow1
 
 
40,000 Ordinary Shares
 
£1.32 per Ordinary Share
 
815,0002
 
0.17%2
 
 
Notes:
 
1 - Person closely associated with Sarah Gow, a director of the Company
2 -The total interests of Sarah Gow and persons closely associated with her in the Company's share capital are 2,740,000 Ordinary Shares representing 0.59% of the total voting rights of the Company.
 
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
 
Peter Wall
 
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
 
 
Identification Code
 
US0401261047
 
b)
 
Nature of the transaction
 
Purchase of American Depositary Receipts
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
US$ 19.132 per ADR
 
7,100 ADRs
d)
 
Aggregated information:
 
▪ Aggregated volume
· Price
 
 
 
7,100 ADRs
US$ 19.132 per ADR
 
e)
 
Date of the transaction
 
16 November 2021
 
f)
 
Place of the Transaction
 
Nasdaq
 
 
 
 
 
 
1.
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Alex Gow
 
2.
 
Reason for the Notification
 
a)
 
Position/status
 
Person closely associated with Sarah Gow, a director of the Company
 
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)
132 pence per Ordinary Share
 
40,000 Ordinary Shares
d)
 
Aggregated information:
 
▪ Aggregated volume 
· Price
 
 
 
40,000 Ordinary Shares
132 pence per Ordinary Share
 
e)
 
Date of the transaction
 
16 November 2021
 
f)
 
Place of the Transaction
 
London Stock Exchange
 
 
This announcement contains inside information.
 
 
For further information please contact:
 
Argo Blockchain
 
Peter Wall
Chief Executive
via Tancredi +44 203 434 2334
 
finnCap Ltd
 
Corporate Finance
Jonny Franklin-Adams
Tim Harper 
Joint Corporate Broker
Sunila de Silva 
 
+44 207 220 0500
 
 
 
Tennyson Securities
 
Joint Corporate Broker
Peter Krens
+44 207 186 9030
OTC Markets
 
Jonathan Dickson
jonathan@otcmarkets.com
+44 204 526 4581
+44 7731 815 896
Tancredi Intelligent Communication
UK & Europe Media Relations
 
Emma Valgimigli
Emma Hodges
Salamander Davoudi
argoblock@tancredigroup.com
 
+44 7727 180 873
+44 7861 995 628
+44 7957 549 906
 
About Argo:
 
Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on the Nasdaq Global Select Market in the United States under the ticker: ARBK.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date: 17 November, 2021
ARGO BLOCKCHAIN PLC
By:
Name: Peter Wall
Title: Chief Executive Officer
 
Name: Davis Zaffe
Title: General Counsel