Company: ARBK
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001104659-25-049311
Chunk: 81

Company: Argo Blockchain Plc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4A
Chunk 81
---
. S. income or other tax consequences. In addition, it does not describe all of the U. S. federal income tax consequences that may be relevant in light of a U. S. Holder’s particular circumstances, including alternative minimum tax consequences, the potential application of the Medicare contribution tax on net investment income and tax consequences applicable to U. S. Holders subject to special rules, such as:

  certain financial institutions or insurance companies;  

  dealers or traders in securities or other persons who use a mark-to-market method of tax accounting;  

  persons holding ordinary shares or ADSs as part of a hedging transaction, straddle, wash sale, conversion transaction or other integrated transaction or persons entering into a constructive sal...  

  U. S. Holders whose functional currency for U. S. federal income tax purposes is not the U. S. dollar;  

  entities classified as partnerships for U. S. federal income tax purposes (and investors in such entities);  

  tax-exempt or flow-through entities, including an “ individual retirement account ” or “ Roth IRA, ” governmental organizations, grantor trusts, regulated investment companies or real estate in...  

  persons subject to special tax accounting rules as a result of their use of applicable financial statements within the meaning of Section 451(b)(3) of the Internal Revenue Code of 1986, as amen...  

  persons that own, directly or indirectly, or are deemed to own by attribution ten percent or more of our shares (by vote or value); or  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  persons holding ordinary shares or ADSs in connection with a trade or business conducted outside of the United States.  

If an entity that is classified as a partnership for U. S. federal income tax purposes holds ordinary shares or ADSs, the U. S. federal income tax treatment of a partner will generally depend on the status of the partner and the activities of the partnership. Partnerships holding ordinary shares or ADSs and partners in such partnerships should consult their tax advisers as to the particular U. S. federal income tax consequences of owning and disposing of the ordinary shares or ADSs.

This discussion is based on the Code, administrative pronouncements, judicial decisions, final, temporary and proposed Treasury regulations, all as of the date hereof, any of which is subject to change or differing interpretations, possibly with retroactive effect. We have not sought and will not seek an advance ruling from the U