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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 |
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
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END
UPDFSMEEEESSEFF
(END) Dow Jones Newswires
November 03, 2020 02:00 ET (07:00 GMT)
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