LONDON, ENGLAND / ACCESSWIRE / June 29, 2022 / 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:
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.
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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.
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SOURCE: Argo Blockchain PLC
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