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Director dealings: Three Argo Blockchain board members buy shares

(Sharecast News) - Argo Blockchain had three entries on the list of director buys on Wednesday, after three of its directors made purchases between 19 and 23 May. The London-listed firm said non-executive director Maria Perrella purchased 60,000 American depositary receipts for 65 US cents each, spending a total of $32,357.55 (£28,311.50).

Chief financial officer Alex Appleton, meanwhile, bought 39,415 shares at 49.74p each, spending £19,605.02, while non-executive director Sarah Gow spent £9,840 on 20,000 shares at a price of 49.2p apiece.

On the selling side of things, meanwhile, Staffline Group had two entries after it disclosed a sale-and-purchase linked to a non-executive director.

The AIM-traded company said Henry Spain Investment Services Limited sold and repurchased a total of 28,590 shares in two tranches.

It said one tranche consisted of 16,064 shares at 51p each, worth a total of £8,192.64, and the second contained 12,526 shares, also at 51p apiece, valuing it at £6,388.26.

Following the sales and repurchases, the notifiable interest held by Henry Spain Investment Services remained unchanged at 28 million ordinary shares, with Staffline claiming the transactions were made "due to adjustments in individual client portfolios".

Thomas Spain, a non-executive director of Staffline, is also a director of the England-registered Henry Spain Investment Services.

Top Director Buys

Argo Blockchain (ARB) Director name: Perrella,Maria Amount purchased: 60,000 @ $0.65 Value: $32,357.55

Audioboom Group (BOOM) Director name: Tobin,Michael Amount purchased: 1,544 @ 1,285.00p Value: £19,840.40

Argo Blockchain (ARB) Director name: Appleton,Alex Amount purchased: 39,415 @ 49.74p Value: £19,605.02

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 20,856 @ 51.00p Value: £10,636.56

Argo Blockchain (ARB) Director name: Gow,Sarah Amount purchased: 20,000 @ 49.20p Value: £9,840.00

Baillie Gifford Japan Trust (BGFD) Director name: Davis,Simon Amount purchased: 800 @ 726.00p Value: £5,808.00

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 7,734 @ 51.00p Value: £3,944.34

Top Director Sells

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 16,064 @ 51.00p Value: £8,192.64

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 12,526 @ 51.00p Value: £6,388.26

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.