REG - Argo Blockchain PLC - Results of Adjourned Annual General Meeting

Argo BlockchainAnnouncement

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RNS Number : 2957P  Argo Blockchain PLC  01 July 2025

Press Release

1 July 2025

Argo Blockchain plc

("Argo" or "the Company")

Results of Adjourned Annual General Meeting

Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announces the results of the
Company's adjourned annual general meeting held on Tuesday 1 July 2025.

A poll was held on each of the resolutions in which Resolutions 1 - 10
(inclusive) were passed as ordinary resolutions and resolution 13 was passed
as a special resolution. The results of the poll were as follows:

 Resolutions                                                           For                Against            Total Votes  % of ISC Voted  Votes Withheld
                                                                       Votes       %      Votes       %
 Ordinary Resolutions
 1.      To receive the Annual Report and Accounts                     27,524,115  96.20  1,087,978   3.80   28,612,093   3.97%           552,823
 2.      To approve the Directors' Remuneration Report                 25,873,655  90.47  2,725,250   9.53   28,598,905   3.97%           566,011
 3.      To approve the Directors' Remuneration Policy                 18,482,368  64.66  10,103,188  35.34  28,585,556   3.97%           579,360
 4.      To appoint Justin Nolan as a Director of the Company          23,871,907  83.72  4,642,442   16.28  28,514,349   3.96%           650,567
 5.      To reappoint Maria Perrella as a Director of the Company      17,836,895  63.32  10,333,642  36.68  28,170,537   3.91%           994,379
 6.      To reappoint Raghav Chopra as a Director of the Company       18,898,132  67.21  9,221,987   32.79  28,120,119   3.90%           1,044,797
 7.      To re-appoint PKF Littlejohn as auditors of the Company       26,977,193  95.11  1,387,147   4.89   28,364,340   3.94%           800,576
 8.      To authorise the directors to fix the auditor's               27,059,914  94.94  1,443,064   5.06   28,502,978   3.96%           661,938

         remuneration
 9.      Authority to allot shares                                     16,278,666  58.53  11,533,202  41.47  27,811,868   3.86%           1,353,048
 10.     Authority to allot further shares                             16,081,770  58.02  11,634,287  41.98  27,716,057   3.85%           1,448,859
 Special Resolutions
 11.     General authority to disapply pre-emption rights              17,624,264  62.75  10,463,204  37.25  28,087,468   3.90%           1,077,448
 12.     Additional authority to disapply pre-emption rights           17,157,093  61.44  10,770,009  38.56  27,927,102   3.88%           1,237,814
 13.     Notice of general meetings                                    26,557,682  92.71  2,086,975   7.29   28,644,657   3.98%           520,259

While most of the proposed resolutions were passed, we note that resolutions
11 and 12 did not receive the necessary majority. The Company also notes the
votes against resolutions 3, 5, 6, 9 and 10. In compliance with the QCA Code,
the Company has recognised the adverse votes and will consider and reflect on
the votes cast and update the market in due course.

For further information please contact:

 Argo Blockchain
 Investor Relations    ir@argoblockchain.com (mailto: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

 

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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