Company: ARBK
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001104659-25-049311
Chunk: 56

Company: Argo Blockchain Plc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4A
Chunk 56
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 composition with his creditors; or (ii)is found by our Company to be or becomes of unsoundmind. See Item 6. A. “ Directors and Senior Management” for additional information about our current directors and Item 7. B. “ Related Party Transactions” for additional information about employment agreements for our executive officers.

  Employees  

As of December 31 of the years ended 2024, 2023 and 2022, we had 22, 32, and 48 employees, respectively, not inclusive of non-executive directors. Below is a breakdown of employees by their departments as of December 31, 2024.

                                               Number of                  
  Department                                   employees      % of total  
  Research and development and technology              2               9  
  Compliance, legal and finance                        6              27  
  Business and customer support                        2               9  
  Operations                                          12              55  
  Total                                               22             100  

Table of Contents

  Share Ownership  

The following table sets forth information with respect to the beneficial ownership of our ordinary shares as of May 8, 2024 for:

  each beneficial owner of 5% or more of our outstanding ordinary shares;  

  each of our directors and executive officers; and  

  all of our directors and executive officers as a group.  

Beneficial ownership is determined in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities and include ordinary shares issuable upon the exercise of options that are immediately exercisable or exercisable within 60 days of May 8, 2024. Percentage ownership calculations are based on ordinary shares outstanding as of May 8, 2024.

Except as otherwise indicated, all of the shares reflected in the table are ordinary shares and all persons listed below have sole voting and investment power with respect to the shares beneficially owned by them, subject to applicable community property laws. The information is not necessarily indicative of beneficial ownership for any other purpose.

Except as otherwise indicated in the table below, addresses of the directors, executive officers and named beneficial owners are of Argo Blockchain plc, Eastcastle House, 27/28 Eastcastle Street, London, England W1W 8DH.

                                         NUMBER OF            PERCENTAGE OF    
 ───────────────────────────────────────────────────────────────────────────────
                                         ORDINARY SHARES      ORDINARY SHARES  
                                         BENEFICIALLY