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ARB Argo Blockchain Plc

12.00
0.80 (7.14%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argo Blockchain Plc LSE:ARB London Ordinary Share GB00BZ15CS02 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 7.14% 12.00 11.50 12.50 12.25 11.50 11.50 1,219,270 14:52:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 47.36M -194.23M -0.3628 -0.33 64.24M

Argo Blockchain PLC Capital Reduction Update (0198E)

03/11/2020 7:00am

UK Regulatory


Argo Blockchain (LSE:ARB)
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From Apr 2019 to Apr 2024

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TIDMARB

RNS Number : 0198E

Argo Blockchain PLC

03 November 2020

Press Release

3 November 2020

Argo Blockchain PLC

('Argo' or 'The Company')

Capital Reduction Update

Argo, the leading cryptocurrency miner based in the UK (LSE:ARB), is pleased to provide an update on its proposed capital reduction.

Following the resolution passed at the Company's AGM on 25 June 2020 to approve, subject to the confirmation of the Court, the cancellation of its share premium account, the Company has applied to the Court for approval of the capital reduction.

The initial directions hearing in relation to the capital reduction took place on 30 October 2020, with the final hearing scheduled for 10 November 2020. Subject to the approval of the Court, the capital reduction on registration of the Court order with the Registrar of Companies.

This announcement contains inside information.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Argo Blockchain 
 Peter Wall                             via Tancredi +44 203 434 
  Chief Executive                        2334 
 
  Ian MacLeod 
  Executive Chairman 
                                       ----------------------------- 
 Corporate Broker 
                                       ----------------------------- 
 Mirabaud 
  Peter Krens                           +44 203 167 7221 
                                       ----------------------------- 
 Media Relations 
                                       ----------------------------- 
 Tancredi Intelligent Communications    salamander@tancredigroup.com 
  Salamander Davoudi                     +44 7957 549 906 
  Emma Valgimigli                        emma@tancredigroup.com 
                                         +44 7727 180 873 
                                       ----------------------------- 
 

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.

argoblockchain.com

See Argo's largest facility in Quebec:

https://youtu.be/LDWWaZ75Zbk

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDFSMEEEESSEFF

(END) Dow Jones Newswires

November 03, 2020 02:00 ET (07:00 GMT)

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