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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2025
Commission File Number: 001-40816
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Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
Eastcastle House
27/28 Eastcastle Street
London W1W 8DH
England
(Address of principal executive office)
_____________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
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Exhibit No.
1
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Description
Bond
Redemption and Exchange dated 10 December 2025
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Press Release
10 December 2025
Argo Blockchain plc
("Argo" or "the Company")
Full Redemption and Mandatory Exchange of 8.75% Senior Notes due
2026
The Company announces it will redeem in full and complete a
mandatory court-ordered exchange of its outstanding 8.75% senior
notes due 2026 (CUSIP: 040126 203) (the "2026 Notes") on 12
December 2025 (the "Exchange Date"). Pursuant to the Company's
restructuring plan under Part 26A of the Companies Act 2006, which
was sanctioned by the High Court of Justice, Business and Property
Courts of England and Wales (the "Restructuring Plan") on 10
December 2025, the 2026 Notes will be exchanged for American
Depositary Receipts ("ADRs"), representing American Depositary
Shares, which in turn represent newly-issued ordinary shares of the
Company equating to a 10% interest of the entire issued share
capital in the recapitalized Company pursuant to the Restructuring
Plan. The ADRs will be distributed pro-rata against the value of
each 2026 Note holder's participation in the 2026 Notes (including
all outstanding principal and any applicable accrued but unpaid
interest) up to, but excluding, the implementation date of the
Restructuring Plan with respect to this distribution, anticipated
to be 12 December 2025.
Beginning on the Exchange Date, the 2026 Notes will no longer be
deemed outstanding, and interest will no longer accrue on such
securities. Wilmington Savings Fund Society, FSB is the trustee for
the 2026 Notes.
Enquiries:
About
Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK)
blockchain technology company focused on large-scale cryptocurrency
mining. With a mining facility in Quebec and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are
predominantly powered by renewable energy. In 2021, Argo became the
first climate positive cryptocurrency mining company, and a
signatory to the Crypto Climate Accord. For more information,
visit www.argoblockchain.com.
Forward looking statements
This announcement contains "forward-looking statements," which can
be identified by words like "may," "will," "likely," "should,"
"expect," "anticipate," "future," "plan," "believe," "intend,"
"goal," "seek," "estimate," "project," "continue" and similar
expressions. Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based
only on the Company's current beliefs, expectations and assumptions
regarding the future of its business, future plans and strategies,
projections, anticipated events and trends, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of the Company's control. The information in this
announcement about the Company's anticipated redemption and
mandatory exchange of its 2026 Notes are forward-looking
statements. Therefore, you should not rely on any of these
forward-looking statements. Important factors that could cause the
Company's actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include market conditions; the Company's ability to implement the
Restructuring Plan on the expected timeline or at all; the ability
to retain the Company's listing on Nasdaq; operational, financial,
regulatory, tax and legal risks; assumptions underlying revenue,
EBITDA and valuation estimates; and the principal risks and
uncertainties described in the risk factors set forth in the
Company's Annual Report and Financial Statements and Form 20-F for
the year ended 31 December 2024.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Date:
10 December, 2025
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ARGO BLOCKCHAIN PLC
By:
/s/ Justin
Nolan
Name:
Justin Nolan
Title:
Chief Executive Officer
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