By Jaime Llinares Taboada
Argo Blockchain PLC said Tuesday that it has launched an initial public offering of its American depositary shares on the Nasdaq Global Market.
The cryptocurrency miner said it will issue 7.5 million ADSs, which represent 75 million ordinary shares. Jefferies and Barclays are acting as joint book-running managers for the offering.
Shares in London at 0758 GMT were up 7.6% at 141 pence.
Write to Jaime Llinares Taboada at email@example.com; @JaimeLlinaresT
(END) Dow Jones Newswires