Grant of Options

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 £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

jonathan@otcmarkets.com

+44 204 526 4581

+44 7731 815 896

Tancredi Intelligent Communication

UK & Europe Media Relations


Emma Valgimigli

Emma Hodges

Salamander Davoudi

argoblock@tancredigroup.com

 

+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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