TIDMARB

RNS Number : 8790K

Argo Blockchain PLC

06 September 2021

Press release

06 September 2021

Argo Blockchain PLC

("Argo" or "the Company")

Result of General Meeting

Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), announces that resolutions 1, 3, 4, 5 and 6 proposed at the General Meeting held earlier today were duly passed. Resolution 2 failed to carry.

The total number of votes received on each resolution put to the General Meeting was as follows:

 
 #          Resolution            Votes        %      Votes AGAINST     %      Votes WITHELD 
                                    FOR 
           Remuneration 
 1            policy            40,366,452   76.76%    12,222,148     23.24%     1,705,619 
    -------------------------  -----------  -------  --------------  -------  -------------- 
         Equity incentive 
 2             plan             17,509,303   33.30%    35,065,490     66.70%     1,717,426 
    -------------------------  -----------  -------  --------------  -------  -------------- 
          Equity awards 
 3      for non-executives      43,029,175   81.85%     9,541,957     18.15%     1,724,087 
    -------------------------  -----------  -------  --------------  -------  -------------- 
           Authority to 
 4         allot shares         41,188,721   78.38%    11,359,115     21.62%     1,744,383 
    -------------------------  -----------  -------  --------------  -------  -------------- 
      Waiver of pre-emption 
 5            rights            39,653,919   75.55%    12,832,413     24.45%     1,805,887 
    -------------------------  -----------  -------  --------------  -------  -------------- 
         Adoption of new 
 6    articles of association   47,634,322   90.74%     4,863,183     9.26%      1,794,714 
    -------------------------  -----------  -------  --------------  -------  -------------- 
 

Notes:

-- A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes cast "For" or "Against" the resolution.

-- Votes "For" and "Against" are expressed as a percentage of votes validly cast for that resolution at the General Meeting, excluding any "Withheld" votes.

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 
                                      ------------------------------ 
 Jonathan Dickson                      +44 204 526 4581 
  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.

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END

ROMFLFISARIRIIL

(END) Dow Jones Newswires

September 06, 2021 10:08 ET (14:08 GMT)

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