Argo Blockchain PLC Capital Reduction Update (0198E)
November 03 2020 - 1:00AM
UK Regulatory
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
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Mirabaud
Peter Krens +44 203 167 7221
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Media Relations
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Tancredi Intelligent Communications salamander@tancredigroup.com
Salamander Davoudi +44 7957 549 906
Emma Valgimigli emma@tancredigroup.com
+44 7727 180 873
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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
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