Argo Blockchain PLC Board Announcement (6275C)

TIDMARB

RNS Number : 6275C

Argo Blockchain PLC

24 February 2022

Press Release

24 February 2022

Argo Blockchain PLC

("Argo" or "the Company")

Board Appointment

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce the appointment of Raghav Chopra as an independent non-executive director effective as of 23 February 2022.

Raghav Chopra is a digital assets and technology investor with over fifteen years of experience in these sectors. He was most recently a Portfolio Manager for AllianceBernstein LP, and has a decade of experience in managing a significant and wide range of technology investments at leading hedge funds. Prior to that, Mr. Chopra was an Associate in private equity at The Carlyle Group and an Analyst in investment banking at Goldman Sachs & Co.

Mr. Chopra holds a Bachelor of Science in Electrical Engineering and Economics with Distinction from Yale University, and a Master of Business Administration with High Distinction from the Harvard Business School, where he was named a George F. Baker Scholar. He also serves on the Board of the Harvard Club of New York City Foundation and is a member of the Economic Club of New York.

Peter Wall, Chief Executive of Argo and interim Chairman, said: "After an extensive selection process, we are delighted to welcome Raghav to the board as an independent director. Raghav brings a wealth of experience within the capital markets and financial technology sectors, and specific insight that will be invaluable as Argo looks to continue to progress as a global leader in cryptocurrency mining."

There are no details to be disclosed under paragraph 9.6.13 (2) to (6) of the Listing Rules.

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                             via Tancredi +44 203 
   Chief Executive                        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                       +44 204 526 4581 
   jonathan@otcmarkets.com                +44 7731 815 896 
                                       ---------------------- 
  Tancredi Intelligent Communication 
   UK & Europe Media Relations 
                                       ---------------------- 
  Emma Valgimigli 
   Emma Hodges 
   Salamander Davoudi                    +44 7727 180 873 
   Fabio Galloni-Roversi                  +44 7861 995 628 
   Monaco                                 +44 7957 549 906 
   argoblock@tancredigroup.com            +44 7888 672 701 
                                       ----------------------

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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