For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251113:nRSM3319Ha&default-theme=true
RNS Number : 3319H Argo Blockchain PLC 13 November 2025
Press Release
13 November 2025
Argo Blockchain plc
("Argo" or "the Company")
Restructuring Plan - town hall meeting
Timetable
Argo Blockchain plc provides the following updates regarding its proposed
restructuring plan under Part 26A of the Companies Act 2006 (the
"Restructuring Plan").
Town Hall Meeting
As mentioned in the Company's explanatory statement accompanying the
Restructuring Plan, the Company will hold an online only "town hall" meeting
at which management will address retail holders of the Company's notes and
shares on the Restructuring Plan and the Retail Advocate will also address
retail holders and reiterate his role.
The main purpose of the Town Hall is to enable retail holders of the Company's
notes and shares to have the opportunity to ask questions about the
Restructuring Plan and make their views about any aspect of it known.
If you have any questions or concerns you are encouraged to attend. You are
free to attend (and indeed are encouraged to do so) even if you hold your
notes or shares through a broker or other intermediary.
The town hall meeting will be held online on Wednesday 19 November 2025 at 4
p.m. (GMT) / 11 a.m. (Eastern). Those wishing to attend the town hall
meeting should register in advance at:
https://www.investormeetcompany.com/argo-blockchain-plc/register
(https://www.investormeetcompany.com/argo-blockchain-plc/register)
For the avoidance of doubt, no individual legal, financial or tax advice will
be provided, and attendees should seek their own independent advice.
Timetable
The key times and dates of the Restructuring Plan are as follows:
Event Time (GMT) and date
Town hall meeting 4 p.m. on 19 November 2025
Shareholder plan meeting 2.00 p.m. on 2 December 2025
General meeting of shareholders to consider Rule 9 waiver 2.30 p.m. on 2 December 2025
Noteholder plan meeting 3.00 p.m. on 2 December 2025
Secured lender plan meeting 4.00 p.m. on 2 December 2025
Court sanction hearing Time to be confirmed on 8 December 2025
General
Documents relating to the Restructuring Plan, including details of how to vote
at the plan meetings being held on 2 December 2025, are available at
https://deals.is.kroll.com/argo (https://deals.is.kroll.com/argo) .
The Restructuring Plan has been structured to enable the Company to rely on
the exemption from registration provided by Section 3(a)(10) of the U.S.
Securities Act of 1933, as amended, and certain other available exemptions
under the U.S. Securities Act of 1933 and applicable state securities laws, in
each case with respect to securities expected to be issued under the plan.
For further information of a general nature regarding the Restructuring Plan
(including on the voting procedure), please contact Fladgate LLP, the
Company's legal advisers, and for further information on the voting procedure,
Noteholders and the Secured Lender should please contact the Information Agent
and Shareholders should please contact Computershare:
FLADGATE LLP
Email: Argo@fladgate.com (mailto:Argo@fladgate.com)
Address: 16 Great Queen Street, London, WC2B 5DG
Attention: Jeremy Whiteson
THE INFORMATION AGENT
Email: argo@is.kroll.com (mailto:argo@is.kroll.com)
Attention: Argo team
COMPUTERSHARE
Email: ir@argoblockchain.com (mailto:ir@argoblockchain.com)
Attention: Computershare
THE RETAIL ADVOCATE
Email: jy@abadvocate.co.uk (mailto:jy@abadvocate.co.uk)
Attention: Jon Yorke
About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain
technology company focused on large-scale cryptocurrency mining. With a mining
facility in Quebec and offices in the US, Canada, and the UK, Argo's global,
sustainable operations are predominantly powered by renewable energy. In 2021,
Argo became the first climate positive cryptocurrency mining company, and a
signatory to the Crypto Climate Accord. For more information, visit
(http://www.argoblockchain.com/) www.argoblockchain.com
(http://www.argoblockchain.com/) .
Forward looking statements
This announcement contains "forward-looking statements," which can be
identified by words like "may," "will," "likely," "should," "expect,"
"anticipate," "future," "plan," "believe," "intend," "goal," "seek,"
"estimate," "project," "continue" and similar expressions. Forward-looking
statements are neither historical facts nor assurances of future performance.
Instead, they are based only on the Company's current beliefs, expectations
and assumptions regarding the future of its business, future plans and
strategies, projections, anticipated events and trends, the economy and other
future conditions. Because forward-looking statements relate to the future,
they are subject to inherent uncertainties, risks and changes in circumstances
that are difficult to predict and many of which are outside of the Company's
control. The information in this announcement about the proposed Restructuring
Plan and its expected effects; the Company's operating and financial outlook;
and internal estimates, projections, forecasts, and valuation analyses are
forward-looking statements. Therefore, you should not rely on any of these
forward-looking statements. Important factors that could cause the Company's
actual results and financial condition to differ materially from those
indicated in the forward-looking statements include market conditions; the
Company's ability to implement the proposed Restructuring Plan on the expected
timeline or at all; the ability to retain the Company's listing on Nasdaq;
operational, financial, regulatory, tax and legal risks; assumptions
underlying revenue, EBITDA and valuation estimates; and the principal risks
and uncertainties described in the risk factors set forth in the Company's
Annual Report and Financial Statements and Form 20-F for the year ended 31
December 2024.
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END REPEADFAFEDSFAA
Copyright 2019 Regulatory News Service, all rights reserved