Share capital reduction effective

RNS Number : 4594G
Argo Blockchain PLC
25 November 2020
 

Press Release

25 November 2020

 

Argo Blockchain PLC

('Argo' or 'The Company') 

Share capital reduction effective

 

The following amendment has been made to the 'Share capital reduction effective' announcement released on 25 November at 07:00 under RNS No. 3952G.

The issued share capital of Argo now comprises 293,750,000 ordinary shares following the capital reduction.

All other details remain unchanged.

The full amended text is shown below.

 

Argo, the leading cryptocurrency miner based in the UK (LSE:ARB), is announcing that, further to the announcement on 3 November 2020, the High Court of England and Wales has confirmed the reduction of the Company's nominal share capital by way of cancellation of the share premium account on application from the Company.

On 23 November 2020, the Registrar of Companies registered the order of the High Court confirming the capital reduction and the related statement of capital approved by the High Court, whereupon the capital reduction became effective.

The Company confirms that, following the capital reduction, the issued share capital of Argo comprises 293,750,000 ordinary shares of £0.001 each.

 

For further information please visit www.argoblockchain.com or contact:

Argo Blockchain

Peter Wall, Chief Executive

Ian MacLeod, Executive Chairman

via Tancredi Tel: +44 203 434 2334

 

Corporate Broker - finnCap Ltd

Jonny Franklin-Adams / Kate Washington 

(Corporate Finance)

Richard Chambers (Corporate Broking)

 Tel: +44 20 7220 0500

 

Media Relations - Tancredi Intelligent Communications

Salamander Davoudi

 

Emma Valgimigli

 

salamander@tancredigroup.com

Tel: +44 7957 549 906

emma@tancredigroup.com

Tel: +44 7727 180 873

 

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