TIDMARB

RNS Number : 9999R

Argo Blockchain PLC

10 November 2021

10 November 2021

Argo Blockchain PLC

('Argo' or 'The Company')

Exercise of Share Options

Argo announces that it has received notice of the exercise of options of 1,000,000 ordinary shares of GBP0.001 each in the share capital of the Company at an exercise price of GBP0.07 each. The aggregate gross proceeds of this exercise are GBP70,000.

Enlarged Share Capital

Following admission of the above shares (which is expected to be on or around 12 November 2021), the total number of Ordinary Shares in issue will be 468,082,335 and the total number of voting rights will therefore be 468,082,335. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The new ordinary shares will rank pari passu with the existing ordinary shares of the Company.

This announcement contains inside information.

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 
                                      ------------------------------ 
 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 Nasdaq Global Select Market in the United States under the ticker: ARBK.

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November 10, 2021 11:45 ET (16:45 GMT)

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