Argo Blockchain PLC Announces Appointment of Chief Executive Officer
RBGPF
0.7800
The Fort Worth Press - Argo Blockchain PLC Announces Appointment of Chief Executive Officer
USD
-
AED 3.672982
AFN 65.999773
ALL 82.398957
AMD 381.501466
ANG 1.790403
AOA 917.000253
ARS 1451.762402
AUD 1.50263
AWG 1.8025
AZN 1.726387
BAM 1.666503
BBD 2.013642
BDT 122.171618
BGN 1.663698
BHD 0.377007
BIF 2960
BMD 1
BND 1.290015
BOB 6.92273
BRL 5.601196
BSD 0.999749
BTN 89.631315
BWP 13.185989
BYN 2.907816
BYR 19600
BZD 2.010685
CAD 1.37391
CDF 2260.000344
CHF 0.792305
CLF 0.023196
CLP 909.979902
CNY 7.04095
CNH 7.031755
COP 3806.3
CRC 498.36831
CUC 1
CUP 26.5
CVE 94.449864
CZK 20.70195
DJF 177.719968
DKK 6.354801
DOP 62.599594
DZD 129.703053
EGP 47.455201
ERN 15
ETB 155.349934
EUR 0.85091
FJD 2.289502
FKP 0.750114
GBP 0.742855
GEL 2.68499
GGP 0.750114
GHS 11.480017
GIP 0.750114
GMD 73.500185
GNF 8685.999704
GTQ 7.660619
GYD 209.163024
HKD 7.77985
HNL 26.349802
HRK 6.406699
HTG 130.901562
HUF 330.670496
IDR 16772.65
ILS 3.200198
IMP 0.750114
INR 89.629503
IQD 1310
IRR 42100.00025
ISK 125.870426
JEP 0.750114
JMD 159.578049
JOD 0.709026
JPY 156.930993
KES 128.902706
KGS 87.449794
KHR 4010.999985
KMF 418.999977
KPW 899.999969
KRW 1478.420212
KWD 0.307301
KYD 0.833142
KZT 515.528744
LAK 21635.000287
LBP 89600.000229
LKR 309.526853
LRD 177.502199
LSL 16.75963
LTL 2.95274
LVL 0.60489
LYD 5.424997
MAD 9.13875
MDL 16.926118
MGA 4547.509247
MKD 52.349809
MMK 2100.312258
MNT 3551.223311
MOP 8.011554
MRU 39.760473
MUR 46.15009
MVR 15.459721
MWK 1737.000062
MXN 17.981235
MYR 4.077797
MZN 63.898309
NAD 16.760224
NGN 1460.210219
NIO 36.699323
NOK 10.116765
NPR 143.404875
NZD 1.725225
OMR 0.3845
PAB 0.99977
PEN 3.365991
PGK 4.25025
PHP 58.809502
PKR 280.300677
PLN 3.586545
PYG 6755.311671
QAR 3.640984
RON 4.329702
RSD 99.920073
RUB 78.79999
RWF 1452
SAR 3.750101
SBD 8.146749
SCR 14.01211
SDG 601.504736
SEK 9.23419
SGD 1.28857
SHP 0.750259
SLE 24.050362
SLL 20969.503664
SOS 571.498
SRD 38.406502
STD 20697.981008
STN 21.3
SVC 8.748333
SYP 11058.38145
SZL 16.759962
THB 31.140236
TJS 9.197788
TMT 3.5
TND 2.914934
TOP 2.40776
TRY 42.813845
TTD 6.796861
TWD 31.489498
TZS 2485.981009
UAH 42.082661
UGX 3602.605669
UYU 39.187284
UZS 12002.503331
VES 282.15965
VND 26340
VUV 120.603378
WST 2.787816
XAF 558.912945
XAG 0.014588
XAU 0.000225
XCD 2.70255
XCG 1.801846
XDR 0.695829
XOF 558.502172
XPF 102.250112
YER 238.4008
ZAR 16.72425
ZMK 9001.201156
ZMW 22.594085
ZWL 321.999592
- Deadly clashes in Aleppo as Turkey urges Kurds not to be obstacle to Syria's stability
- Is the United States after Venezuela's oil?
- Trump admin halts US offshore wind projects citing 'national security'
- Right wing urges boycott of iconic Brazilian flip-flops
- From misfits to MAGA: Nicki Minaj's political whiplash
- Foster grabs South Africa winner against Angola in AFCON
- Russia pledges 'full support' for Venezuela against US 'hostilities'
- Spotify says piracy activists hacked its music catalogue
- Winter Olympics organisers resolve snow problem at ski site
- Fuming Denmark summons US ambassador over Greenland envoy
Argo Blockchain PLC Announces Appointment of Chief Executive Officer
Appointment of Chief Executive Officer and PDMR Notification
LONDON, UNITED KINGDOM / ACCESS Newswire / March 24, 2025 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), is pleased to announce that it has appointed Justin Nolan as Chief Executive Officer and Director with effect as of 22 March 2025.
Justin Nolan most recently was Chief Executive Officer at Arkon Energy, a digital infrastructure company. Prior to his role at Arkon Energy, Mr. Nolan served as Chief Growth Officer at Argo. In this capacity, he played a pivotal role in expanding the Company's operations, including the development of the Helios project. Earlier in his career, Nolan co-founded and led DPN LLC, which was instrumental in the initial development of the Helios project before its acquisition by Argo Blockchain in March 2021.
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 | ||||
a) | Name | Argo Blockchain PLC | |||
b) | LEI | 213800WPCCYSDYY26J54 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the Financial instrument, type of instrument | PSUs in respect of Ordinary Shares | |||
Identification Code | GB00BZ15CS02 | ||||
b) | Nature of the transaction | Grant of PSUs in respect of Ordinary Shares | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
PSUs - N/A | 22,250,000 | ||||
d) | Aggregated information: Aggregated volume Price | N/A | |||
e) | Date of the transaction | 22 March 2025 | |||
f) | Place of the Transaction | Not on a trading venue | |||
For further information please contact:
Argo Blockchain | |
Investor Relations | |
Tennyson Securities | |
Corporate Broker Peter Krens | +44 207 186 9030 |
Fortified Securities | |
Joint Broker Guy Wheatley, CFA | +44 7493 989014 |
Tancredi Intelligent Communication UK & Europe Media Relations |
About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With a mining facility in Quebec and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visit www.argoblockchain.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
SOURCE: Argo Blockchain PLC
View the original press release on ACCESS Newswire
J.Barnes--TFWP
