Company: ARBK
Filing Date: 2025-05-09
Form Type: 6-K
Source: 0001654954-25-005344
Chunk: 12

Company: Argo Blockchain Plc
Filing Date: 2025-05-09
Form: 6-K
Chunk 12
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 States, the Board is mindful of its responsibilities to the communities and environments in which it works. The Group sources its electricity from predominantly renewable sources (hydropower in Canada and wind in Texas during 2024) and participated in demand response programs to curtail usage in peak times to assist in ensuring resilience of the local power grid. In addition, the Group has explored ways to capture and usefully utilise the heat generated from its operations, both to improve efficiency and provide added value. The Group has also taken steps to improve overall efficiency of its operations. Further details are set out in the Group’s report on the TCFD Recommendations on page 33 of this Annual Report.

Employees

The interests of employees are a primary consideration for the Board; in March 2024, all employees were granted equity in the Company in order to align incentives and enable employees to share in the future success of the Group. Personal development opportunities are encouraged and supported.

This report was approved by the Board on 8 May 2025 and signed on its behalf by:

Matthew Shaw Chairman of

the Board

DIRECTORS’ REPORT

General Information

The directors present the Annual Report and audited consolidated financial statements for the year ended 31 December 2024.

The Company was incorporated on 5 December 2017. Argo Blockchain plc is the parent holding company of the Argo group of companies including Argo Innovation Labs Inc., a British Columbia, Canada Corporation, and Argo Operating US LLC, Inc., a Delaware, United States Limited Liability Corporation.

On 3 August 2018 the Company’s Ordinary Shares were admitted to the standard segment of the Official List maintained by the Financial Conduct Authority and to trading on the London Stock Exchange’s Main Market. . The Company’s American Depositary Shares have traded on Nasdaq since 24 September 2021.

Future developments

The Group continues to focus its strategy on self-mining cryptocurrencies as detailed further in the Strategic Report.

Dividends

The directors do not propose a dividend in respect of the period ended 31 December 2024 (2023: nil).

Directors

The Board is responsible for the Company’s objectives and business strategy and its overall supervision. Acquisition, divestment and other strategic decisions will all be considered and determined by the Board including, when circumstances permit, whether the payment of dividends, issue or buy back of shares is appropriate.

Attendance at Board meetings:

| Member   | Meetings                  
 attended while a director |
| Matthew  
 Shaw     | 23 of                     
 26                        |