Argo Blockchain plc Update on Restructuring Plan Process

Argo Blockchain plc has provided an update on its restructuring plan process under Part 26A of the Companies Act 2006. The company has filed a claim form and accompanying court bundles with the High Court of Justice in London. The restructuring plan is designed to enable the company to rely on exemptions under the U.S. Securities Act of 1933 for securities expected to be issued under the plan. Argo Blockchain is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining, with operations predominantly powered by renewable energy. The company became the first climate-positive cryptocurrency mining company in 2021 and is a signatory to the Crypto Climate Accord.