Argo Blockchain PLC Announces TR-1 Standard Notification of Major Holdings
Argo Blockchain PLC (ARBK) has announced a significant change in its major holdings. Armistice Capital , based in New York, USA, has acquired a 9.067306% stake in the company, representing 57,700,000 voting rights. This threshold was crossed on July 31, 2024, and the issuer was notified on August 1, 2024. Additionally, Armistice Capital holds 57,800,000 warrant shares with the right to subscribe to an equal number of unissued shares, subject to a 4.99% blocker. The notification was made in compliance with the TR-1 standard form for major holdings disclosure, as required by the UK Financial Conduct Authority.
Argo Blockchain PLC (ARBK) ha annunciato un cambiamento significativo nelle sue principali partecipazioni. Armistice Capital, con sede a New York, USA, ha acquisito una partecipazione del 9,067306% nell'azienda, rappresentando 57.700.000 diritti di voto. Questa soglia è stata oltrepassata il 31 luglio 2024, e l'emittente è stata informata il 1 agosto 2024. Inoltre, Armistice Capital detiene 57.800.000 azioni warrant con il diritto di sottoscrivere un numero equivalente di azioni non emesse, soggette a un blocco del 4,99%. La notifica è stata effettuata in conformità con il modulo standard TR-1 per la divulgazione delle principali partecipazioni, come richiesto dalla Financial Conduct Authority del Regno Unito.
Argo Blockchain PLC (ARBK) ha anunciado un cambio significativo en sus principales participaciones. Armistice Capital, con sede en Nueva York, EE. UU., ha adquirido un 9,067306% de participación en la empresa, lo que representa 57.700.000 derechos de voto. Este umbral se superó el 31 de julio de 2024, y el emisor fue notificado el 1 de agosto de 2024. Además, Armistice Capital posee 57.800.000 acciones de warrants con el derecho a suscribir un número igual de acciones no emitidas, sujeto a un bloqueo del 4,99%. La notificación se realizó de acuerdo con el formulario estándar TR-1 para la divulgación de participaciones significativas, según lo exige la Autoridad de Conducta Financiera del Reino Unido.
Argo Blockchain PLC (ARBK)는 주요 보유 자산에 대한 중요한 변화를 발표했습니다. Armistice Capital는 미국 뉴욕에 본사를 두고 있으며, 회사에서 9.067306%의 지분을 인수하였으며, 이는 57,700,000명의 의결권을 나타냅니다. 이 기준은 2024년 7월 31일에 초과되었으며, 발행자는 2024년 8월 1일에 통보받았습니다. 또한 Armistice Capital은 57,800,000개의 워런트 주식을 보유하고 있으며, 이는 동일한 수의 미발행 주식을 구독할 수 있는 권리와 4.99%의 블로커에 해당합니다. 이 통지는 영국 금융 감독국이 요구하는 주요 보유 공개를 위한 TR-1 표준 양식에 따라 이루어졌습니다.
Argo Blockchain PLC (ARBK) a annoncé un changement significatif dans ses principales participations. Armistice Capital, basé à New York, USA, a acquis une participation de 9,067306% dans l'entreprise, représentant 57.700.000 droits de vote. Ce seuil a été franchi le 31 juillet 2024, et l'émetteur a été informé le 1er août 2024. De plus, Armistice Capital détient 57.800.000 actions de warrants ayant le droit de souscrire à un nombre égal d'actions non émises, sous réserve d'un bloqueur de 4,99 %. La notification a été faite conformément au formulaire standard TR-1 pour la divulgation des participations importantes, comme l'exige l'Autorité de conduite financière du Royaume-Uni.
Argo Blockchain PLC (ARBK) hat eine bedeutende Veränderung in seinem Hauptanteilen angekündigt. Armistice Capital, mit Sitz in New York, USA, hat eine Beteiligung von 9,067306% an dem Unternehmen erworben, was 57.700.000 Stimmrechten entspricht. Diese Schwelle wurde am 31. Juli 2024 überschritten, und der Emittent wurde am 1. August 2024 informiert. Darüber hinaus hält Armistice Capital 57.800.000 Warrants, mit dem Recht, eine gleiche Anzahl nicht ausgegebener Aktien zu zeichnen, vorbehaltlich eines 4,99%-Sperrvermerks. Die Mitteilung erfolgte gemäß dem TR-1 Standardformular zur Offenlegung wesentlicher Beteiligungen, wie von der britischen Finanzaufsichtsbehörde gefordert.
- Armistice Capital acquired a 9.067306% stake in Argo Blockchain
- The investment represents 57,700,000 voting rights in the company
- Armistice Capital also holds 57,800,000 warrant shares for potential future ownership increase
- None.
LONDON, ENGLAND / ACCESSWIRE / August 5, 2024 / TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: | ARGO BLOCKCHAIN PLC ISIN: GB00BZ15CS02 | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
UK |
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2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights |
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An acquisition or disposal of financial instruments | X | |||||
An event changing the breakdown of voting rights |
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Other (please specify) iii: |
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3. Details of person subject to the notification obligation iv | ||||||
Name | Armistice Capital LLC | |||||
City and country of registered office (if applicable) | New York, United States of America | |||||
4. Full name of shareholder(s) (if different from 3.) v | ||||||
Name |
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City and country of registered office (if applicable) |
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5. Date on which the threshold was crossed or reached vi: | 31-Jul-2024 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 01-Aug-2024 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | ||
Resulting situation on the date on which threshold was crossed or reached | 9.067306 | 0.000000 | 9.067306 | 57700000 | ||
Position of previous notification (if applicable) |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type of ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||
Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
GB00BZ15CS02 |
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| 9.067306 | |||||
SUBTOTAL 8. A | 57700000 | ||||||||
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B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
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| SUBTOTAL 8. B 1 |
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B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement xii | Number of voting rights | % of voting rights | ||||
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| SUBTOTAL 8.B.2 |
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii |
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Full chain of controlled undertakings through which the voting rights and/or the | X | ||||
Name |
Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
Steven Boyd | Armistice Capital, LLC | 0.000000 | 0.000000 | ||
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10. In case of proxy voting, please identify: | |||||
Name of the proxy holder |
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The number and % of voting rights held |
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The date until which the voting rights will be held |
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11. Additional information | |||||
Note that on 31 July 2024, the Fund also held 57,800,000 warrant shares giving the right to subscribe to 57,800,000 unissued shares of the Company (with a | |||||
Place of completion | Paris, France |
Date of completion | 01-Aug-2024 |
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SOURCE: Argo Blockchain PLC
View the original press release on accesswire.com
FAQ
What percentage stake did Armistice Capital acquire in Argo Blockchain (ARBK)?
How many voting rights does Armistice Capital hold in Argo Blockchain (ARBK)?
When did Armistice Capital cross the threshold for major holdings in Argo Blockchain (ARBK)?
Does Armistice Capital hold any additional financial instruments in Argo Blockchain (ARBK)?
