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Argo Blockchain Plc (ARB) ORD GBP0.001

Sell:1.40p Buy:1.60p 0 Change: 0.18p (13.64%)
Market closed |  Prices as at close on 28 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

Argo Blockchain Plc ORD GBP0.001

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Nov 2025)

The board of Argo Blockchain Plc has announced proposals to cancel the company’s ordinary shares from trading on the London Stock Exchange (LSE).

 

It’s expected that the company’s shares will be delisted with effect from Tuesday 9 December 2025. 

 

The company has a listing on the NASDAQ stock market in the US in the form of American Depositary Receipts (ADRs). If you do not wish to retain unlisted shares, and do not wish to sell your shares prior to the delisting, you have the option of converting your ordinary shares into ADRs.

 

At present 10 ordinary shares are needed to obtain one ADR. On 12 December 2025 it is intended that this ratio will change, so 2,160 ordinary shares will be needed to obtain one ADR, at which point every 216 existing ADRs will be consolidated and replaced by one new ADR.

 

JPMorgan Chase, Depositary of the ADR, will charge you USD0.05 per ADR issued. This fee applies whether you convert before or after the restructuring plan is approved. 

 

Argo Blockchain plc has been advised that the conversion of ordinary shares to the ADRs may give rise to a 1.5% charge to stamp duty reserve tax on the market value of the ordinary shares at the date of transfer.

 

If you choose to convert, you will receive 1 ADR for every 10 shares converted, but these ADRs will then be reduced on a 1 for 216 basis on 12 December 2025. If you convert under 2,160 shares you will therefore have your ADRs wiped out and receive a cash fraction in their place. You will still be charged for the ADR conversion.

 

Convert my shares into ADRs before the restructuring – Act by noon on Friday 5 December 2025

 

Any shares you ask to convert will be removed from your portfolio from 5 December 2025.

 

You’ll need enough money on your capital account to pay for the USD0.05 per ADR fee and potential stamp duty at noon on Friday 5 December 2025. If sufficient funds are not available, we will be unable to process your instruction.

 

Alternatively, if you hold more than 2,160 shares, it is expected that you will still be able to convert your shares into ADRs after the ratio change and 1 for 216 consolidation. This can’t be guaranteed but we’ll contact you after the restructuring is complete with further details.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:1.40p
Buy:1.60p
Change: 0.18p (13.64%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 28 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

Argo Blockchain Plc ORD GBP0.001

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Nov 2025)

The board of Argo Blockchain Plc has announced proposals to cancel the company’s ordinary shares from trading on the London Stock Exchange (LSE).

 

It’s expected that the company’s shares will be delisted with effect from Tuesday 9 December 2025. 

 

The company has a listing on the NASDAQ stock market in the US in the form of American Depositary Receipts (ADRs). If you do not wish to retain unlisted shares, and do not wish to sell your shares prior to the delisting, you have the option of converting your ordinary shares into ADRs.

 

At present 10 ordinary shares are needed to obtain one ADR. On 12 December 2025 it is intended that this ratio will change, so 2,160 ordinary shares will be needed to obtain one ADR, at which point every 216 existing ADRs will be consolidated and replaced by one new ADR.

 

JPMorgan Chase, Depositary of the ADR, will charge you USD0.05 per ADR issued. This fee applies whether you convert before or after the restructuring plan is approved. 

 

Argo Blockchain plc has been advised that the conversion of ordinary shares to the ADRs may give rise to a 1.5% charge to stamp duty reserve tax on the market value of the ordinary shares at the date of transfer.

 

If you choose to convert, you will receive 1 ADR for every 10 shares converted, but these ADRs will then be reduced on a 1 for 216 basis on 12 December 2025. If you convert under 2,160 shares you will therefore have your ADRs wiped out and receive a cash fraction in their place. You will still be charged for the ADR conversion.

 

Convert my shares into ADRs before the restructuring – Act by noon on Friday 5 December 2025

 

Any shares you ask to convert will be removed from your portfolio from 5 December 2025.

 

You’ll need enough money on your capital account to pay for the USD0.05 per ADR fee and potential stamp duty at noon on Friday 5 December 2025. If sufficient funds are not available, we will be unable to process your instruction.

 

Alternatively, if you hold more than 2,160 shares, it is expected that you will still be able to convert your shares into ADRs after the ratio change and 1 for 216 consolidation. This can’t be guaranteed but we’ll contact you after the restructuring is complete with further details.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:1.40p
Buy:1.60p
Change: 0.18p (13.64%)
Market closed |  Prices as at close on 28 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

Argo Blockchain Plc ORD GBP0.001

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Nov 2025)

The board of Argo Blockchain Plc has announced proposals to cancel the company’s ordinary shares from trading on the London Stock Exchange (LSE).

 

It’s expected that the company’s shares will be delisted with effect from Tuesday 9 December 2025. 

 

The company has a listing on the NASDAQ stock market in the US in the form of American Depositary Receipts (ADRs). If you do not wish to retain unlisted shares, and do not wish to sell your shares prior to the delisting, you have the option of converting your ordinary shares into ADRs.

 

At present 10 ordinary shares are needed to obtain one ADR. On 12 December 2025 it is intended that this ratio will change, so 2,160 ordinary shares will be needed to obtain one ADR, at which point every 216 existing ADRs will be consolidated and replaced by one new ADR.

 

JPMorgan Chase, Depositary of the ADR, will charge you USD0.05 per ADR issued. This fee applies whether you convert before or after the restructuring plan is approved. 

 

Argo Blockchain plc has been advised that the conversion of ordinary shares to the ADRs may give rise to a 1.5% charge to stamp duty reserve tax on the market value of the ordinary shares at the date of transfer.

 

If you choose to convert, you will receive 1 ADR for every 10 shares converted, but these ADRs will then be reduced on a 1 for 216 basis on 12 December 2025. If you convert under 2,160 shares you will therefore have your ADRs wiped out and receive a cash fraction in their place. You will still be charged for the ADR conversion.

 

Convert my shares into ADRs before the restructuring – Act by noon on Friday 5 December 2025

 

Any shares you ask to convert will be removed from your portfolio from 5 December 2025.

 

You’ll need enough money on your capital account to pay for the USD0.05 per ADR fee and potential stamp duty at noon on Friday 5 December 2025. If sufficient funds are not available, we will be unable to process your instruction.

 

Alternatively, if you hold more than 2,160 shares, it is expected that you will still be able to convert your shares into ADRs after the ratio change and 1 for 216 consolidation. This can’t be guaranteed but we’ll contact you after the restructuring is complete with further details.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Dividend history is not available for this stock.

Dividend history is not available for this stock.

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Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.