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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 4.35% | 12.00 | 11.50 | 12.50 | 12.25 | 11.50 | 11.50 | 1,361,594 | 09:15:47 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Services, Nec | 47.36M | -194.23M | -0.3628 | -0.33 | 64.24M |
From Apr 2021 to Apr 2024
TIDMARB
RNS Number : 8945U
Argo Blockchain PLC
08 December 2021
Press Release
08 December 2021
Argo Blockchain PLC
("Argo" or "the Company")
Celsius Resolution of Claims
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK) announces that they have reached an amicable resolution with Celsius, of their respective claims in the litigation pending in New Jersey federal court. Pursuant to the resolution: (i) the parties entered into an amendment terminating their November 2, 2020 lease agreement, whereby Argo paid Celsius US $6,320,947.64 in satisfaction of its remaining financial obligations to Celsius and Celsius conveyed title to Argo for the Bitmain S19 Antminer S19 Pro mining machines covered by the lease and (ii) Argo agreed to terminate its mining services arrangement with Celsius in return for a payment from Celsius to Argo in the form of Bitcoin. The remaining terms of the resolution were not disclosed.
For further information please contact:
Hot Features
Premium
Argo Blockchain
Peter Wall via Tancredi +44 203
Chief Executive 434 2334
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finnCap Ltd
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Corporate Finance
Jonny Franklin-Adams
Tim Harper
Joint Corporate Broker
Sunila de Silva +44 207 220 0500
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Tennyson Securities
----------------------
Joint Corporate Broker
Peter Krens +44 207 186 9030
----------------------
OTC Markets
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Jonathan Dickson +44 204 526 4581
jonathan@otcmarkets.com +44 7731 815 896
----------------------
Tancredi Intelligent Communication
UK & Europe Media Relations
----------------------
Emma Valgimigli
Emma Hodges
Salamander Davoudi +44 7727 180 873
Fabio Galloni-Roversi +44 7861 995 628
Monaco +44 7957 549 906
argoblock@tancredigroup.com +44 7888 672 701
----------------------
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.
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.
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MSCMZMGZRNKGMZM
(END) Dow Jones Newswires
December 08, 2021 02:00 ET (07:00 GMT)
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