Argo Blockchain PLC Announces Appointment of Chief Executive Officer
RBGPF
1.6000
The Fort Worth Press - Argo Blockchain PLC Announces Appointment of Chief Executive Officer
USD
-
AED 3.6725
AFN 63.503502
ALL 81.990336
AMD 370.903715
ANG 1.789884
AOA 918.000197
ARS 1401.993023
AUD 1.39913
AWG 1.8025
AZN 1.696504
BAM 1.67146
BBD 2.014355
BDT 122.739548
BGN 1.668102
BHD 0.377403
BIF 2975
BMD 1
BND 1.275858
BOB 6.936925
BRL 4.965705
BSD 1.000128
BTN 95.070143
BWP 13.576443
BYN 2.828953
BYR 19600
BZD 2.011854
CAD 1.36214
CDF 2315.999417
CHF 0.784106
CLF 0.023178
CLP 912.21986
CNY 6.83025
CNH 6.83533
COP 3728.45
CRC 454.739685
CUC 1
CUP 26.5
CVE 94.650328
CZK 20.87905
DJF 177.720468
DKK 6.39432
DOP 59.600085
DZD 132.411933
EGP 53.530803
ERN 15
ETB 157.075029
EUR 0.8557
FJD 2.202202
FKP 0.736222
GBP 0.739275
GEL 2.685011
GGP 0.736222
GHS 11.195005
GIP 0.736222
GMD 73.49532
GNF 8777.497369
GTQ 7.643867
GYD 209.252937
HKD 7.83558
HNL 26.629448
HRK 6.447202
HTG 130.892468
HUF 312.100503
IDR 17433
ILS 2.95367
IMP 0.736222
INR 95.350202
IQD 1310
IRR 1314999.999816
ISK 122.709857
JEP 0.736222
JMD 157.565709
JOD 0.709029
JPY 157.276498
KES 129.191543
KGS 87.420503
KHR 4011.999844
KMF 420.502192
KPW 899.999998
KRW 1475.990178
KWD 0.30811
KYD 0.833593
KZT 463.980036
LAK 21962.493505
LBP 89401.229103
LKR 319.60688
LRD 183.624998
LSL 16.83005
LTL 2.95274
LVL 0.60489
LYD 6.334982
MAD 9.246963
MDL 17.22053
MGA 4154.999745
MKD 52.771476
MMK 2099.74975
MNT 3576.675528
MOP 8.070745
MRU 39.949922
MUR 46.950046
MVR 15.454942
MWK 1741.501824
MXN 17.509742
MYR 3.964503
MZN 63.909913
NAD 16.830069
NGN 1370.929942
NIO 36.719711
NOK 9.27435
NPR 152.110449
NZD 1.702285
OMR 0.384497
PAB 1.000329
PEN 3.505986
PGK 4.332503
PHP 61.7085
PKR 278.749656
PLN 3.64193
PYG 6218.192229
QAR 3.642973
RON 4.441799
RSD 100.477983
RUB 75.00169
RWF 1460.5
SAR 3.752195
SBD 8.025868
SCR 13.35873
SDG 600.507781
SEK 9.299335
SGD 1.277245
SHP 0.746601
SLE 24.649962
SLL 20969.496166
SOS 571.499363
SRD 37.455993
STD 20697.981008
STN 21.15
SVC 8.752948
SYP 110.524984
SZL 16.82975
THB 32.770189
TJS 9.363182
TMT 3.505
TND 2.885502
TOP 2.40776
TRY 45.21975
TTD 6.794204
TWD 31.6445
TZS 2609.999854
UAH 44.075497
UGX 3753.577989
UYU 40.286638
UZS 11997.999952
VES 488.94275
VND 26323
VUV 118.778782
WST 2.715188
XAF 560.591908
XAG 0.013699
XAU 0.00022
XCD 2.70255
XCG 1.8029
XDR 0.69563
XOF 558.501381
XPF 102.375041
YER 238.625019
ZAR 16.80115
ZMK 9001.200271
ZMW 18.731492
ZWL 321.999592
- Asian stocks drop amid fears over US-Iran ceasefire
- China fireworks factory explosion kills 26, injures 61
- China hails 'our era' as Wu Yize's world snooker triumph goes viral
- Ex-model accuses French scout of grooming her for Epstein
- Timberwolves eclipse Spurs as Knicks rout Sixers
- Taiwan leader says island has 'right to engage with the world'
- Yoko says oh no to 'John Lemon' beer
- Bayern's Kompany promises repeat fireworks in PSG Champions League semi
- A coaching great? Luis Enrique has PSG on brink of another Champions League final
- Top five moments from the Met Gala
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
