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 £1.57 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 6/36ths vest) and, thereafter the options vest at a rate of 1/36th 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 Chief Executive | via Tancredi +44 203 434 2334
|
| 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 +44 7731 815 896 |
| Tancredi Intelligent Communication UK & Europe Media Relations | |
| Emma Valgimigli Emma Hodges Salamander Davoudi
| +44 7727 180 873 +44 7861 995 628 +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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