- Title:
Capital Reduction Update - Time:
07:00:06 - Date:
3 Nov 2020 - Category:
Corporate updates - ID:
0198E
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 Chief Executive
Ian MacLeod Executive Chairman
|
via Tancredi +44 203 434 2334
|
| Corporate Broker |
|
| Mirabaud Peter Krens |
+44 203 167 7221 |
| Media Relations |
|
| Tancredi Intelligent Communications Salamander Davoudi
Emma Valgimigli
|
+44 7957 549 906
+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.
See Argo's largest facility in Quebec:
Capital Reduction Update07:00:063 Nov 2020Corporate updates0198E