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Exercise of Share Options

10 Nov 2021 16:45

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 £0.001 each in the share capital of the Company at an exercise price of £0.07 each. The aggregate gross proceeds of this exercise are £70,000.

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

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

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

 

 

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