Argo Blockchain PLC Announces Block Listing Application

Argo Blockchain plc, a leader in cryptocurrency mining, has made a block listing application to the Financial Conduct Authority and London Stock Exchange. This application pertains to the block listing of 31,406,429 ordinary shares at £0.001 each. The move is in connection with a warrant granted during a recent fundraising on July 30, 2024. The shares will be listed on the London Stock Exchange’s Main Market.

The shares are reserved under a block listing, representing the remaining balance under the Prospectus Regulation Rules. Argo intends to apply for an additional block listing for 26,393,571 shares in January 2025. The newly issued shares will rank equally with existing ordinary shares. The admission is expected to take effect on August 16, 2024, at 8:00 a.m.