Company: ARBK
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001104659-25-049311
Chunk: 57

Company: Argo Blockchain Plc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4A
Chunk 57
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         BENEFICIALLY     
  NAME OF BENEFICIAL OWNER               OWNED                OWNED            
  5% or Greater Shareholders:                                                  
  Armistice Capital                      57,700,000           8                
  Executive Officers and Directors:                                            
  Justin Nolan                           *                    *                
  Jim MacCallum                          *                    *                
  Matthew Shaw                           *                    *                
  Raghav Chopra                          *                    *                
  Maria Perrella                         *                    *                

  Represents beneficial ownership of less than 1%.  

In accordance with our Articles of Association, the following summarizes the rights of holders of our ordinary shares:

  each holder of our ordinary shares is entitled to one vote per ordinary share on all matters to be voted on by shareholders generally;  

  each holder of the ordinary shares is entitled to receive notice of, attend, speak and vote at our general meetings; and  

  each holder of our ordinary shares is entitled to receive such dividends as are recommended by our directors and declared by our shareholders.  
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Restricted Stock Units

The Company grants Restricted Stock Unit (RSU) awards as part of its employee compensation strategy. RSUs are awards granted to employees that represent the right to receive the Company’s ordinary shares at a future date, subject to the fulfillment of vesting conditions based on continued employment.

Table of Contents

Performance Stock Units

The Company also grants Performance Share Unit (PSU) awards to the Chief Executive Officer as a key component of its long-term incentive compensation strategy. PSUs are awards granted to the Chief Executive Officer that represent the right to receive the Company’s ordinary shares at a future date, subject to vesting conditions and the achievement of predetermined performance goals over a specified performance period.

Options

As of December 31, 2024, there were options to purchase 5,278,585 ordinary shares outstanding with a weighted average exercise price of£0.69 per ordinary share.

For a summary of the options to purchase ordinary shares granted to executive officers and non-executive directors as of December 31, 2024 and arrangements involving our employees in our share capital, see Item6. B. “Equity Compensation Arrangements. ”

Warrants

As of December 31, 2024, there were warrants to purchase 58,270,000 ordinary shares outstanding with a weighted average exercise price of£0.12 per ordinary share. The warrants lapse between