leadf
logo-loader
viewArgo Blockchain PLC

Argo Blockchain to begin trading on OTCQB venture market from Wednesday

The cryptocurrency mining firm said it will trade on the OTCQB under the ticker 'ARBKF' while also continuing to list its shares on the LSE

Argo Blockchain PLC - Argo Blockchain to begin trading on OTCQB venture market from Wednesday

Argo Blockchain PLC (LON:ARB) said it has received approval to begin trading on the OTCQB venture market in the US from Wednesday under the ticker ‘ARBKF’.

The cryptocurrency mining firm said its listing on the OTCQB will have no impact on its existing shares on the London Stock Exchange and that it will continue to rely on announcements made through the LSE and will have no SEC reporting requirements.

READ: Argo Blockchain receives 1,058 cryptocurrency miners ahead of schedule

"We are delighted to welcome Argo Blockchain PLC to the OTCQB Market. The OTC Market supports international companies seeking to strengthen visibility and transparency in the US public market. Trading on the London Stock Exchange and on the OTCQB Market will enable Argo to efficiently build global investor awareness and provide US investors with a seamless trading facility, enabling them to more easily trade through the broker of their choice", Jonathan Dickson, vice president of international corporate services at OTC Markets said in a statement.

Argo chief executive Peter Wall added: "Argo is delighted to begin trading on the OTCQB Venture Market. The cross-trading of the ordinary shares from London will provide the company with increased access to US institutional and retail investors and a broader shareholder base. US investors will now have the opportunity to share in the company's growth as the cryptocurrency market gains momentum. US investors can find real-time quotes and market information for Argo at www.otcmarkets.com and access current company news and developments."

Argo’s shares rose 4% to 105p in early trading on the LSE on Wednesday.

Quick facts: Argo Blockchain PLC

Price: 245 GBX

LSE:ARB
Market: LSE
Market Cap: £881.93 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Argo Blockchain PLC named herein, including the promotion by the Company of Argo Blockchain PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Argo Blockchain hails MicroStrategy's Michael Saylor and Tesla's Elon Musk...

Argo Blockchain PLC's (LON:ARB) Peter Wall talks to Proactive London's Katie Pilbeam about the recent news that the company has entered into a non-binding letter of intent (LOI) with DPN LLC setting out terms to acquire 320 acres of land in West Texas, US. The plan is to build a new...

2 weeks, 4 days ago

2 min read