Argo Blockchain PLC - Share capital reduction effective

RNS Number : 3952G

Argo Blockchain PLC

25 November 2020

Press Release

25 November 2020

Argo Blockchain PLC

('Argo' or 'The Company')

Share capital reduction effective

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 239,750,000 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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