UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2022
Commission File Number: 001-40816
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Argo Blockchain plc
(Translation of registrant’s name into English)
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9th Floor
16 Great Queen Street
London WC2B 5DG
England
(Address of principal executive office)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
Exhibit No. 1 | Description Result of Annual General Meeting dated 29 June 2022 |
Press release
29 June 2022
Argo Blockchain PLC
('Argo' or 'the Company')
Result of Annual General Meeting
Argo Blockchain plc, (LSE: ARB; NASDAQ: ARBK), a global leader in cryptocurrency mining, is pleased to announce the results of the Company's annual general meeting held today, 29 June 2022.
A poll was held on each of the resolutions and all of the resolutions were passed by the required majority. Resolutions 1 to 10 (inclusive) were passed as ordinary resolutions and resolutions 11 to 14 (inclusive) were passed as special resolutions. The results of the poll were as follows:
Resolutions | For | Against | Total Votes | % of ISC Voted | Votes Withheld |
| Votes | % | Votes | % |
Ordinary Resolutions |
| 1. | To receive the Annual Report and Accounts | 76,171,632 | 99.45% | 424,304 | 0.55% | 76,595,936 | 16.05% | 471,341 |
| 2. | To approve the Directors' Remuneration Report | 56,894,073 | 74.23% | 19,755,303 | 25.77% | 76,649,376 | 16.07% | 417,901 |
| 3. | To re-appoint Alex Appleton as a director of the Company | 72,021,242 | 93.99% | 4,601,570 | 6.01% | 76,622,812 | 16.06% | 444,465 |
| 4. | To re-appoint Sarah Gow as a director of the Company | 67,461,572 | 88.03% | 9,169,259 | 11.97% | 76,630,831 | 16.06% | 436,446 |
| 5. | To re-appoint Maria Perrella as a director of the Company | 67,478,115 | 88.06% | 9,151,696 | 11.94% | 76,629,811 | 16.06% | 437,466 |
| 6. | To re-appoint Raghav Chopra as a director of the Company | 74,845,245 | 97.67% | 1,788,257 | 2.33% | 76,633,502 | 16.06% | 433,775 |
| 7. | To re-appoint PKF Littlejohn as auditors of the Company | 75,922,291 | 98.98% | 779,536 | 1.02% | 76,701,827 | 16.08% | 365,450 |
| 8. | To authorise the directors to determine the auditor's remuneration | 75,843,592 | 98.91% | 838,555 | 1.09% | 76,682,147 | 16.07% | 385,250 |
| 9. | To approve the 2022 Equity Incentive Plan | 54,754,888 | 71.47% | 21,853,939 | 28.53% | 76,608,827 | 16.06% | 458,450 |
| 10. | Authority to allot shares | 73,772,816 | 96.21% | 2,905,598 | 3.79% | 76,678,414 | 16.07% | 388,863 |
Special Resolutions |
| 11. | General authority to disapply pre-emption rights | 75,111,150 | 98.17% | 1,403,399 | 1.83% | 76,514,549 | 16.04% | 552,728 |
| 12. | Additional authority to disapply pre-emption rights | 74,576,697 | 97.51% | 1,903,319 | 2.49% | 76,480,016 | 16.03% | 587,261 |
| 13. | Notice of general meetings | 72,385,655 | 94.30% | 4,373,926 | 5.70% | 76,759,581 | 16.09% | 307,696 |
| 14. | Authority to purchase own shares | 76,100,181 | 99.13% | 668,540 | 0.87% | 76,768,721 | 16.09% | 298,556 |
The Board is pleased that Resolution 2 (Directors Remuneration Report) and Resolution 9 (Equity Incentive Plan) were passed with significant majorities, but notes the votes against these resolutions. In accordance with the QCA Corporate Governance Code, the Board will continue its engagement with shareholders to discuss their concerns on the above resolutions.
For further information please contact:
Argo Blockchain | |
Peter Wall Chief Executive | via Tancredi +44 203 434 2334 |
finnCap Ltd | |
Corporate Finance Jonny Franklin-Adams Tim Harper Joint Corporate Broker Sunila de Silva | +44 207 220 0500 |
Tennyson Securities | |
Joint Corporate Broker Peter Krens | +44 207 186 9030 |
OTC Markets | |
Jonathan Dickson jonathan@otcmarkets.com | +44 204 526 4581 +44 7731 815 896 |
Tancredi Intelligent Communication UK & Europe Media Relations | |
Emma Valgimigli Fabio Galloni-Roversi Monaco Nasser Al-Sayed argoblock@tancredigroup.com | +44 7727 180 873 +44 7888 672 701 +44 7915 033 739 |
About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With its flagship mining facility in Texas, 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. Argo also participates in several Web 3.0, DeFi and GameFi projects through its Argo Labs division, further contributing to its business operations, as well as the development of the cryptocurrency markets. For more information, visit www.argoblockchain.com.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: 29 June, 2022 | ARGO BLOCKCHAIN PLC By: Name: Peter Wall Title: Chief Executive Officer Name: David Zapffe Title: General Counsel |
