Good morning, ladies and gentlemen, and welcome to the Argo Blockchain plc annual general meeting. Throughout this recorded meeting, online attendees will be in listen-only mode. The company are hosting a post AGM Q&A session at 4:00 P.M. BST today, where the company will address the pre-submitted questions along with those questions relating to the general business of the company. Please can you ensure that you've accepted this invitation and that you have received your unique link. I'd now like to hand over to Chief Financial Officer Alex Appleton. Good morning. Thank you, Mark. Ladies and gentlemen, good morning. Welcome to the annual general meeting of Argo Blockchain plc. I declare that there is a quorum of members present, and we can proceed to the business to be transacted at this meeting. With the consent of the meeting, I will take the notice of the annual general meeting as read. Is that agreed? Great. Shareholders attending by their proxies can exercise all rights to attend, speak, and vote on any of the resolutions at this meeting, both on show of hands and on a poll. Proxy counts for all the resolutions to be proposed at the meeting will be available at the registration desk at the end of the meeting. I will now formally propose the resolutions to the meeting. The full text of each of these resolutions is set out in the notice of the meeting, a copy of which you will have received. In accordance with article 19.8 of the company's articles of association, each of the resolutions will be taken on a poll. In order to run the meeting as efficiently as possible, I will announce all of the resolutions and direct in each case that the poll be taken after all of the resolutions have been put to the meeting. The results of the poll will be announced by RNS as soon as practicable following the conclusion of the meeting. Where votes are at my discretion, I will be exercising my discretion to vote in favor of the resolutions. In order to communicate with all of the company shareholders at the same time, we've arranged a post AGM Q&A, details which have been released by RNS, and I'd encourage shareholders to listen to that later on, as Mark has already directed. As such, any questions raised at the meeting will be collated today and answered at that Q&A. Resolutions one- 10 are proposed as ordinary resolutions and require a simple majority to be passed. Resolutions 11- 14 are proposed as special resolutions, which, to be passed, require a majority of 75% to vote in favor of the resolution. I'll go into the resolutions now. Resolution one is an ordinary resolution of the company to receive the audited accounts of the group for the financial period ended December 31, 2021. Are there any questions in relation to the resolution? Great. I now propose resolution one to be taken on a poll after all the resolutions have been put to the meeting. Resolution two is an ordinary resolution of the company to approve the directors' remuneration report for the financial period ended December 31, 2021. Are there any questions in relation to that resolution? Great. I now propose resolution two to be taken on a poll after all the resolutions have been put to the meeting. Resolution three is an ordinary resolution of the company to reappoint myself, Alex Appleton, as a director of the company. Are there any questions in relation to this resolution? Slightly awkward one, that one. I now propose resolution three to be taken on a poll after all the resolutions have been put to the meeting. Resolution four is an ordinary resolution of the company to reappoint Sarah Gow as a director of the company. Are there any questions in relation to that resolution? Good. I now propose resolution four to be taken on a poll after all the resolutions have been put to the meeting. Resolution five is an ordinary resolution of the company to reappoint Maria Perrella as a director of the company. Are there any questions in that resolution? Great. I now propose resolution five to be taken on a poll after the resolution has been put to the meeting. Resolution six is an ordinary resolution of the company to reappoint Raghav Chopra as a director of the company. Are there any questions in relation to that resolution? Good. I now propose resolution six to be taken on a poll after all the resolutions have been put to the meeting. Resolution seven is an ordinary resolution of the company to reappoint PKF Littlejohn LLP as auditors of the company. Are there any questions in relation to that resolution? Good. I now propose resolution seven to be taken on a poll after all the resolutions have been put to the meeting. Resolution eight is an ordinary resolution of the company to authorize the directors to fix the auditors' remuneration. Are there any questions in relation to that resolution? Good. I now propose resolution eight to be taken on a poll after all the resolutions have been put to the meeting. Resolution nine is an ordinary resolution of the company to approve the rules of the 2022 Equity Incentive Plan and the adoption by the board of directors of the 2022 Equity Incentive Plan. Are there any questions in relation to this resolution? Excellent. I now propose resolution nine to be taken on a poll after all the resolutions have been put to the meeting. Resolution 10 is an ordinary resolution of the company to authorize the directors of the company to allot shares in the company. Are there any questions in relation to this resolution? Excellent. I now propose resolution 10 to be taken on a poll after all the resolutions have been put to the meeting. Resolution 11 is a special resolution of the company to disapply statutory preemption rights in connection with the allotment of shares or for the sale of treasury shares in the company. Are there any questions in regards to this resolution? Excellent. I now propose resolution 11 to be taken on a poll after all the resolutions have been put to the meeting. Resolution 12 is a special resolution of the company subject to the passing of resolution 10 to authorize the directors of the company to allot equity securities or the sale of treasury shares in the company in connection with financing or refinancing in an acquisition or other capital investment. Are there any questions in relation to this resolution? Excellent. I now propose resolution 12 to be taken on a poll after all the resolutions have been put to the meeting. Resolution 13 is a special resolution of the company that a general meeting of the company, other than an annual general meeting, may be called on not less than 14 clear days' notice. Are there any questions in relation to this resolution? I now propose resolution 13 to be taken on a poll after all the resolutions have been put to the meeting. Resolution 14 is a special resolution of the company to authorize the company to make market purchases of ordinary shares. Are there any questions in relation to this resolution? Excellent. I now propose Resolution 14 to be taken on a poll after all the resolutions have been put to the meeting. Ladies and gentlemen, all of the resolutions have now been put to the meeting. Please fill in your poll cards and return them to the company's registrars at the back of the meeting. We will announce the results of the meeting as soon as possible by RNS. That concludes today's formal business. On behalf of the board, I'd like to thank you all for your attendance today and for being shareholders of Argo, and I declare this annual general meeting closed. Back to you, Mark. Alex, thank you very much indeed. Could I please ask the attendees online not to close this session, as you'll now be automatically redirected to provide your feedback in order that the board can better understand your views and expectations. This may take a few moments to complete, but I'm sure will be greatly valued by the company. On behalf of the board of Argo Blockchain plc, we'd like to thank you for attending today's annual general meeting, and good morning to you all.
Loading workspace