27 September 2021

Argo Blockchain PLC

("Argo" or "the Company")

Admission of Ordinary Shares in the Company to Listing and Trading

Following its announcement made on 23 September 2021 of the pricing of its initial public offering of American Depositary Shares ("ADSs") on the NASDAQ Global Select Market (the "Pricing Announcement") Argo (LSE: ARB) is pleased to announce that application has been made for admission of 85,250,000 ordinary shares to listing on the official list of the Financial Conduct Authority (standard segment) and to trading on the main market for listed securities of the London Stock Exchange Plc.

The ordinary shares referred to above are comprised of the 75,000,000 ordinary shares referred to in the Pricing Announcement, together with a further 10,250,000 ordinary shares, representing 1,025,000 ADSs, which have been purchased by the underwriters pursuant to the option referred to in the Pricing Announcement.

Admission to listing and trading in respect of the abovementioned ordinary shares will occur on 28 September 2021.

A registration statement relating to the ADSs has been filed with the SEC and became effective on September 22, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares in the Company or ADSs, nor shall there be any sale of any of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.

This announcement contains inside information.

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About Argo:

Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on the Nasdaq Global Select Market in the United States under the ticker: ARBK.