Argo Blockchain PLC Board Changes and Appointment of Interim Chairman (8364G)
29 July 2021 - 4:00PM
UK Regulatory
TIDMARB
RNS Number : 8364G
Argo Blockchain PLC
29 July 2021
Press release
29 July 2021
Argo Blockchain PLC
("Argo" or "the Company")
Board Appointments & Resignations
Appointment of Interim Chairman
Argo Blockchain plc, a global leader in cryptocurrency mining
(LSE: ARB), is pleased to announce the appointment of Colleen
Sullivan, Maria Perrella, and Sarah Gow as independent
non-executive directors, and of Alex Appleton as an executive
director, effective as of 29 July. The Company would also like to
take this opportunity to thank Ian Macleod, James Savage, and Marco
D'Attanasio, whose departures as Executive Chairman and
non-executive directors respectively coincides with these
appointments, for their contributions to the Company. Following Ian
MacLeod's departure, Peter Wall has been appointed as the Company's
Interim Chairman and is anticipated to hold the position alongside
his role as Chief Executive Officer, until a suitable candidate has
been identified.
Colleen Sullivan is currently the Chief Executive Officer of CMT
Digital, a division of CMT Group, specialising in crypto-asset
trading and blockchain technology investments. Colleen brings with
her many years of experience as an attorney in private practice,
both at Sidley Austin LLP and as a co-founder and Managing Member
of Sullivan Wolf Kailus LLC. Colleen holds a Bachelor's degree in
accounting from the University of St. Francis and a Juris Doctor
from the DePaul University of Law. Currently, Colleen acts as an
advisor to the Digital Chamber of Commerce and sits on the FinTech
Women Executive Advisory Council.
Maria Perrella most recently served as the Chief Financial
Officer of MDA, a Canadian-based international space mission
partner, and the previous twelve years at ATS, a TSX-listed
automation company with over 4,500 employees across six countries.
Maria's various roles have allowed her to develop skills in
financial planning and corporate governance and compliance, and her
many years as a Chief Financial Officer have provided her with
extensive experience in M&A, capital markets, and strategic
corporate finance. Maria holds a Bachelor's degree in Business
Administration from York University and is a Chartered Public
Accountant in Ontario, Canada.
Sarah Gow has over 19 years of experience in the banking
industry, including over 11 years at Citigroup Asset Management
where she served as a Director of Global Operations in New York as
well as the Head of Operations in London. Sarah also worked at HSBC
Global Asset Management for two years as a Project Manager. She was
also a founding partner of UK-based asset management company,
TrinityCapM Ltd.
Alex Appleton has served as the Company's Finance Director since
September 2020 and in line with his increasing responsibilities and
valuable contributions to the Company, has been appointed as a
director. The Company would also like to recognize the ongoing
commitment, hard work, and devotion to the team of Perry Hothi and
are pleased to formally announce his appointment to Chief
Technology Officer of Argo Blockchain.
Peter Wall, Chief Executive of Argo, said: "After an extensive
selection process, we are delighted to welcome Colleen, Maria, and
Sarah to the board as independent directors. Each brings a wealth
of experience within the cryptocurrency, technology, and finance
sectors, and specific insight that will be invaluable as Argo looks
to continue to progress as a global leader in cryptocurrency
mining.
"I am also pleased to welcome Alex Appleton to the board as an
executive director following his valuable contribution to the
Company's business to date. Alex's expertise in his Finance
Director role, alongside the ongoing commitment and hard work of
CTO Perry Hothi and the rest of the team, is integral to the
continued success of Argo.
"I would also like to thank Ian, James, and Marco for their
exceptional service during their tenure as the Company's Executive
Chairman and non-executive directors respectively; their
contributions, knowledge, and oversight have been pivotal in
establishing Argo thus far."
There are no details to be disclosed under paragraph 9.6.13 (2)
to (6) of the Listing Rules.
For further information please contact:
Argo Blockchain
Peter Wall via Tancredi +44 203 434 2334
Chief Executive
------------------------------
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
------------------------------
+44 204 526 4581
Jonathan Dickson
jonathan@otcmarkets.com +44 7731 815 896
------------------------------
Tancredi Intelligent Communication
UK & Europe Media Relations
------------------------------
Emma Valgimigli
Emma Hodges +44 7727 180 873
Salamander Davoudi +44 7861 995 628
argoblock@tancredigroup.com +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 OTCQX Best Market in the United
States under the ticker: ARBKF.
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAPPUMCMUPGPPR
(END) Dow Jones Newswires
July 29, 2021 02:00 ET (06:00 GMT)
Argo Blockchain (LSE:ARB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Argo Blockchain (LSE:ARB)
Historical Stock Chart
From Apr 2023 to Apr 2024
