Company: ARBK
Filing Date: 2025-03-24
Form Type: 6-K
Source: 0001654954-25-003189
Chunk: 1

Company: Argo Blockchain Plc
Filing Date: 2025-03-24
Form: 6-K
Chunk 1
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1.

Argo's chairman, Matthew Shaw said, "We are delighted to welcome Justin back to Argo at this pivotal time for the Company. His deep industry expertise, strategic vision, and leadership in scaling mining operations, including his previous contributions to the Helios project, make him the ideal leader for our next phase of growth. Under his guidance, we look forward to further strengthening Argo's market position and operational efficiency."

Justin Nolan said, "I am honored to rejoin Argo as CEO and lead the Company into its next chapter. Argo has a strong foundation, a talented team, and a commitment to operational excellence. I look forward to working closely with the Board and our stakeholders to drive innovation, enhance efficiency, and create sustainable value for shareholders."

In connection with the appointment, the Company has awarded 22,250,000 performance share units relating to the Company's ordinary shares ("PSUs") to Justin Nolan. In accordance with the Company's remuneration policy, which applies to the Company's CEO, the PSUs contain performance conditions relevant to Mr. Nolan's role. The PSUs vest over a three-year period, with first vesting occurring twelve months from the date of grant (at which point up to one-third vest), the second vesting occurring 24 months from the date of grant (at which point up to a further third vest) and the third vesting occurring 36 months from date of grant (at which point up to the final third vest), subject to the continued employment of Mr. Nolan and satisfaction of the performance conditions. If the performance conditions are not satisfied at particular vesting dates, but are subsequently satisfied, the relevant fraction of PSUs will vest.

This announcement contains inside information.

#### PDMR notification
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

| 1.             |    Details of the person discharging managerial responsibilities / 
                                          person closely associated |                                       |          |           |
| a)             |                                                               Name | Justin                                
 Nolan                                 |          |           |
| 2.             |                                        Reason for the Notification |                                       |          |           |
| a)             |                                                    Position/status | PDMR                                  |          |           |
| b)             |                                                            Initial 
                                           notification / Amendment | Initial                               
 notification                          |          |           |
| 3.             |      Details of the issuer, emission allowance market participant, 
                    auction platform, auctioneer or auction monitor |                                       |          |           |