We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -1.64% | 12.00 | 11.50 | 12.50 | 12.25 | 12.00 | 12.25 | 1,071,209 | 08:20:20 |
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 : 6375L
Argo Blockchain PLC
14 September 2021
Press release
14 September 2021
Argo Blockchain PLC
("Argo" or "the Company")
Launch of Initial Public Offering
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce that it has commenced an initial public offering of 7,500,000 American Depositary Shares ("ADSs"), representing an aggregate of 75,000,000 ordinary shares. Each ADS represents 10 ordinary shares of Argo Blockchain. The last closing price of Argo Blockchain's ordinary shares on the London Stock Exchange Main Market was GBP1.334 on September 10, 2021. The ADSs are being offered in a registered public offering in the United States (the "Offering"). Argo Blockchain has applied to list the ADSs on the Nasdaq Global Market under the ticker symbol "ARBK."
Jefferies and Barclays are acting as joint book-running managers for the Offering. Canaccord Genuity and Stifel GMP are acting as co-lead managers for the Offering. Compass Point, D.A. Davidson & Co., Ladenburg Thalmann, Roth Capital Partners, finnCap Ltd, and Tennyson Securities are acting as co-managers for the Offering. The Offering is being made only by means of a prospectus filed with the U.S. Securities and Exchange Commission (the "SEC"). When available, copies of the preliminary prospectus relating to and describing the terms of the proposed Offering may be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com ; or from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-888-603-5847, or by emailing barclaysprospectus@broadridge.com.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale 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. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
This announcement contains inside information.
For further information please contact:
Argo Blockchain Peter Wall via Tancredi +44 203 434 2334 Chief Executive ------------------------------ finnCap Ltd ------------------------------ Corporate Finance Jonny Franklin-Adams Tim Harper Joint Corporate Broker Sunila de Silva +44 207 220 0500 ------------------------------ Tennyson Securities ------------------------------ Joint Corporate Broker Peter Krens +44 207 186 9030 ------------------------------ OTC Markets ------------------------------ Jonathan Dickson +44 204 526 4581 jonathan@otcmarkets.com +44 7731 815 896 ------------------------------ Tancredi Intelligent Communication UK & Europe Media Relations ------------------------------ Emma Valgimigli Emma Hodges +44 7727 180 873 Salamander Davoudi +44 7861 995 628 argoblock@tancredigroup.com +44 7957 549 906 ------------------------------
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 OTCQX Best Market in the United States under the ticker: ARBKF.
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
MSCDKNBBKBKBOCD
(END) Dow Jones Newswires
September 14, 2021 02:00 ET (06:00 GMT)
1 Year Argo Blockchain Chart |
1 Month Argo Blockchain Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions