Argo Blockchain Announces Vesting of PSU Award

Argo Blockchain PLC, a leading name in cryptocurrency mining, has announced the vesting of Performance Share Units (PSUs) for 2,375,000 Ordinary Shares. This vesting process took place on November 27, 2024, as part of the 2022 Equity Incentive Plan for CEO Thomas Chippas. Following this vesting, Chippas now owns a total of 2,375,000 Ordinary Shares, which constitutes approximately 0.37% of the company's issued share capital.

The announcement also states that after this transaction, Argo Blockchain has 640,350,353 Ordinary Shares in circulation. This figure serves as a reference for shareholders to determine the necessity of disclosing any changes in their stake, as required by the FCA Disclosure Guidance and Transparency Rules.