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Argo Blockchain plc (ARBK) Discusses Restructuring Plan and Role of Retail Advocate in Addressing Retail Holders Transcript

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Operator

Good afternoon, ladies and gentlemen, and welcome to the Argo Blockchain plc Town Hall Meeting. [Operator Instructions]

I’d now like to hand over to David Robinson, partner at Fladgate. Good afternoon, David.

David Robinson
Fladgate LLP

Good afternoon. Thanks, Mark. So good afternoon, everyone. Welcome to this virtual town hall meeting. I’ll deal with some administrative matters first. The meeting is being recorded to ensure that a complete and accurate record is kept. As Mark mentioned, if you wish to ask questions, please use the chat function on the video conference platform. It will be helpful in your question if you could identify yourself either as a holder of shares, ADSs or notes in the company. So perhaps preface your question with the word shares or ADRs, ADSs or notes, and that would just help us identify which category you fall into.

So my name is David Robinson. I’m a partner at Fladgate. We’re solicitors to Argo, and we’re providing English law advice regarding its proposed restructuring.

I’m joined by my partner, Jeremy Whiteson, by Argo’s CEO, Justin Nolan; and Jon Yorke, the retail advocate. [indiscernible], Argo’s GC, is also online. Jon, the retail advocate acts as an independent representative of those shareholders and note holders that are not professional or institutional, otherwise known as retail holders. The retail advocates role is to act as an intermediary between Argo and retail holders and not to provide them with legal advice. Jon will speak after I summarize the restructuring plan.

The purpose of this meeting is to provide

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