Argo Blockchain to delist from the London Stock Exchange after creditor seized control

Core Viewpoint - Argo Blockchain is exiting the London Stock Exchange following a court-supervised restructuring that has resulted in the main creditor taking control and significantly reducing the stakes of existing shareholders [1] Group 1: Company Actions - The company will delist from the London Stock Exchange as part of its restructuring process [1] - The restructuring is being conducted under court supervision, indicating a formal legal process to manage the company's financial difficulties [1] Group 2: Impact on Shareholders - Existing shareholders will see their stakes dramatically reduced as a result of the restructuring [1] - The main creditor's control over the company suggests a shift in ownership dynamics, which may affect future governance and strategic direction [1]