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REG - Argo Blockchain PLC - Allotment of New Shares

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RNS Number : 9064W  Argo Blockchain PLC  15 December 2023

Press Release

15 December 2023

Argo Blockchain plc

("Argo" or "the Company")

 

Allotment of New Shares

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB;
NASDAQ: ARBK), announces that it has issued 1,638,305 new ordinary shares of
£0.001 each in the capital of the Company ("Ordinary Shares") pursuant to
the terms of previously granted Restricted Share Units.

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in issue and application has been made for the new Ordinary Shares to be
admitted to the Official List and to trading on the Main Market of the London
Stock Exchange PLC ("Admission"). Admission is expected to occur, and dealings
in the new Ordinary Shares commence, on 20 December.

Following Admission, the Company will have a total of 536,963,471 Ordinary
Shares in issue. No Ordinary Shares are held in treasury. The above figure may
be used by the Company's shareholders as the denominator for the calculations
by which they can determine whether they are required to notify their interest
in, or a change of their interest in, the Company under the FCA Disclosure
Guidance and Transparency Rules.

This announcement contains inside information.

For further information please contact:

 Argo Blockchain
 Investor Relations                  ir@argoblockchain.com
 Tennyson Securities
 Corporate Broker                    +44 207 186 9030

 Peter Krens
 Fortified Securities
 Joint Broker                        +44 7493 989014

 Guy Wheatley, CFA                   guy.wheatley@fortifiedsecurities.com
 Tancredi Intelligent Communication   argoblock@tancredigroup.com

 UK & Europe Media Relations

 

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain
technology company focused on large-scale cryptocurrency mining. With mining
facilities in Quebec, mining operations in Texas, and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are predominantly
powered by renewable energy. In 2021, Argo became the first climate positive
cryptocurrency mining company, and a signatory to the Crypto Climate Accord.
For more information, visit (http://www.argoblockchain.com/)
www.argoblockchain.com (http://www.argoblockchain.com/) .

 

 

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