By Jaime Llinares Taboada

 

Argo Blockchain PLC said Tuesday that it has launched an initial public offering of its American depositary shares on the Nasdaq Global Market.

The cryptocurrency miner said it will issue 7.5 million ADSs, which represent 75 million ordinary shares. Jefferies and Barclays are acting as joint book-running managers for the offering.

Shares in London at 0758 GMT were up 7.6% at 141 pence.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

September 14, 2021 04:18 ET (08:18 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Argo Blockchain (LSE:ARB)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Argo Blockchain Charts.
Argo Blockchain (LSE:ARB)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Argo Blockchain Charts.