TIDMARB

RNS Number : 7345M

Argo Blockchain PLC

23 September 2021

23 September 2021

Argo Blockchain PLC

("Argo" or "the Company")

Grant of Options

Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB ), announces that 20 personnel were granted a total of 5,500,000 options over ordinary shares at an exercise price of GBP1.57 each in the capital of the Company ("Options") on September 22nd, 2021, including grants to the following directors :

 
 Alex Appleton       1,250,000 
 Matthew Shaw          250,000 
 Maria Perrella        500,000 
 Colleen Sullivan      500,000 
 Sarah Gow             500,000 
 

The options vest over a three-year period, with first vesting occurring six months from the date of grant (at which point 6/36(th) s vest) and, thereafter the options vest at a rate of 1/36(th) per month for the remainder of the vesting period.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

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

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September 23, 2021 02:59 ET (06:59 GMT)

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