Argo Blockchain to Exit London Market as Debt Restructure Takes Over

Argo Blockchain has announced plans to delist its shares from the London Stock Exchange as part of a sweeping debt-restructuring and recapitalisation plan.

The company will continue trading on Nasdaq, but exiting the UK market reflects a major shift in focus and a strategic effort to relieve regulatory burdens. The restructuring puts Argo’s largest creditor in control, with Growler Mining set to receive 87.5 % of the revamped equity. While bondholders will be allocated 10 % and current shareholders just 2.5 %. The move underscores the severity of Argo’s financial pressures—including ageing mining assets and shrinking output. While offering the company a path toward operational survival under new ownership.

Clever Robot News Desk 24^th October 2025