Company: ARBK
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001654954-25-013472
Chunk: 1

Company: Argo Blockchain Plc
Filing Date: 2025-11-28
Form: 6-K
Chunk 1
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 Company has instructed Kroll Advisory to prepare a supplementary expert evidence report. A copy of this report is appended to the Supplementary Circular to the Explanatory Statement.

#### NASDAQ Update
A new paragraph 8.39 is to be added to the Explanatory Statement to provide an update to Plan Participants regarding recent determinations by the Nasdaq Hearings Panel (the "Nasdaq Panel"), with a view to ensuring Plan Participants have all material information necessary for them to make an informed vote for or against the Restructuring Plan at the Plan Meetings on 2 December 2025. Pursuant to an amended decision letter dated 11 November 2025, the Nasdaq Panel determined that the Restructuring Plan (i) does not constitute a bankruptcy proceeding and (ii) does not constitute a business combination resulting in a change in control, which in each case would have otherwise required compliance with Nasdaq's initial listing criteria.

#### Conversion of Ordinary Shares to ADS
**On 21 November 2025, the Company announced through the regulatory news service that, in addition to the Company establishing a matched bargain trading facility with JP Jenkins, Shareholders also have the option to convert their holding of ordinary shares into ADSs in accordance with the terms of the depositary agreement, which, subject to the Company regaining and maintaining compliance with the Nasdaq Stock Market's applicable listing criteria, can be freely traded on the Nasdaq Stock Market. For completeness, the terms of that announcement are now incorporated into Part 3 of the Explanatory Statement.

Stamp Duty Reserve Tax consequences of conversion of Ordinary Shares into ADSs

The Company has given further consideration to the tax effect of conversion of Ordinary Shares into ADSs. The Company has been advised that the transfer of the Ordinary Shares to the Depositary 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.**

#### JP Jenkins trading facility
The Company has provided further information about the JP Jenkins trading facility.

To the extent that any Shareholder is unable to convert their existing equity interests into ADSs and/or participate in the matched bargain facility, in either case as a result of their existing intermediary broker being unable to support such conversion or private market trading, such Shareholders should be able to transfer their holdings to alternative intermediary brokers who are able to action such conversion to ADSs or facilitate participation in the matched bargain facility. If any Shareholder is unable to identify such an appropriate intermediary broker, please contact the Company at