F-6 1 tm2115473d18_f6.htm F-6

 

As filed with the U.S. Securities and Exchange Commission on September 14, 2021

Registration No. 333-

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

FORM F-6
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 FOR DEPOSITARY SHARES
EVIDENCED BY
AMERICAN DEPOSITARY RECEIPTS

 

 

Argo Blockchain plc
(Exact name of issuer of deposited securities as specified in its charter)

 

 

N/A
(Translation of issuer’s name into English)

 

 

England and Wales
(Jurisdiction of incorporation or organization of issuer)

 

 

JPMorgan Chase Bank, N.A.
(Exact name of depositary as specified in its charter)

 

 

383 Madison Avenue, Floor 11
New York, New York 10179
Telephone: +1-800-990-1135
(Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)

 

 

Puglisi & Associates

850 Library Avenue

Suite 204

Newark, DE 19711

Telephone: +1-302-738-6680

Attention: Service of Process Department
(Address, including zip code, and telephone number, including area code, of agent for service)

 

 

Copies to:

JPMorgan Chase Bank, N.A.

383 Madison Avenue, Floor 11
New York, New York 10179
Telephone: +1-800-990-1135

Scott R Saks, Esq.

Norton Rose Fulbright US LLP
1301 Avenue of the Americas
New York, New York 10019
Telephone: +1-212-318-3151

 
 

It is proposed that this filing become effective under Rule 466:

¨ immediately upon filing.

¨ on (Date) at (Time)

 

If a separate registration statement has been filed to register the deposited shares, check the following box:  x
       

CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities to be Registered Amount to be Registered Proposed Maximum Aggregate Price Per Unit(1) Proposed Maximum Aggregate Offering Price(2) Registration Fee
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing ten (10) ordinary shares, par value £0.001 per share, of Argo Blockchain plc 100,000,000 American Depositary Shares $0.05 $5,000,000 $545.50

 

(1)Each unit represents ten (10) American Depositary Shares.

 

(2)Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

 

The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

 

 

 

 

 

Part I

INFORMATION REQUIRED IN PROSPECTUS

 

The Prospectus consists of the proposed form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) included as Exhibit A to the form of Deposit Agreement filed as Exhibit (a) to this Registration Statement on Form F-6, which is incorporated herein by reference.

 

Item 1.DESCRIPTION OF SECURITIES TO BE REGISTERED

 

CROSS REFERENCE SHEET

 

     
Item Number and Caption  

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus 

   
(1)   Name and address of Depositary   Introductory paragraph and bottom of face of American Depositary Receipt
   
(2)   Title of American Depositary Receipts and identity of deposited securities   Face of American Depositary Receipt, top center
   
Terms of Deposit:    
   
(i) Amount of deposited securities represented by one unit of American Depositary Shares   Face of American Depositary Receipt, upper right corner
   
(ii)  Procedure for voting, if any, the deposited securities   Paragraphs (6), (11) and (12)
   
(iii)  Collection and distribution of dividends   Paragraphs (4), (5), (7), (10), (11) and (13)
   
(iv) Transmission of notices, reports and proxy soliciting material   Paragraphs (3), (6), (8), (11) and (12)
   
(v)   Sale or exercise of rights   Paragraphs (4), (5), (7) and (10)
   
(vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization   Paragraphs (3), (4), (5), (7), (10), (11) and (13)
   
(vii) Amendment, extension or termination of the Deposit Agreement   Paragraphs (15), (16) and (17)
   
(viii) Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of Holders of ADRs   Paragraph (3)
   
(ix) Restrictions upon the right to deposit or withdraw the underlying securities   Paragraphs (1), (2), (4), (5) and (6)
   
(x)   Limitation upon the liability of the Depositary   Paragraphs (14) and (17)
   
(3)   Fees and Charges   Paragraph (7)

 

I-1 

 

 

Item 2.AVAILABLE INFORMATION

 

Item Number and Caption   Location in Form of American Depositary
Receipt Filed Herewith as Prospectus
Argo Blockchain plc is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly files certain reports with the Securities and Exchange Commission.  These reports can be inspected and retrieved by holders of American Depositary Receipts  through the EDGAR system on the Securities and Exchange Commission’s internet website at www.sec.gov, and can be inspected and copied at public reference facilities maintained by the Securities and Exchange Commission, currently located at 100 F Street, N.E., Washington, D.C. 20549.   Paragraph (8)

 

I-2 

 

 

Part II

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3.EXHIBITS

 

(a)Form of Deposit Agreement. Form of Deposit Agreement among Argo Blockchain plc, JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all Holders and Beneficial Owners from time to time of American Depositary Receipts (“ADRs”) issued thereunder (the “Deposit Agreement”), including the Form of ADR attached as Exhibit A thereto. Filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.

 

(d)Opinion of Norton Rose Fulbright US LLP, counsel to the Depositary, as to the legality of the securities being registered. Filed herewith as Exhibit (d).

 

(e)Certification under Rule 466. Not Applicable.

 

(f)Power of Attorney of certain officers and directors of the Company. Set forth on the signature pages hereto.

 

Item 4.UNDERTAKINGS

 

(a)The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty (30) days before any change in the fee schedule.

 

II-1 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A., acting solely on behalf of the legal entity created by the Deposit Agreement among Argo Blockchain plc, JPMorgan Chase Bank, N.A., as depositary, and all Holders and Beneficial Owners from time to time of American Depositary Receipts (“ADRs”) issued thereunder, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on September 14, 2021.

 

  Legal entity created by the Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares
   
  By: JPMORGAN CHASE BANK, N.A., as Depositary
     
    By: /s/ Timothy E. Green
      Name: Timothy E. Green
      Title: Vice President

 

II-2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, Argo Blockchain plc certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of London, United Kingdom, on September 14, 2021.

 

  ARGO BLOCKCHAIN PLC
   
  By: /s/ Peter Wall
    Name: Peter Wall
    Title: Chief Executive Officer

 

POWERS OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Peter Wall and Alex Appleton to act as his/her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him/her and in his/her name, place and stead, in any and all such capacities, to sign any and all amendments, including post-effective amendments, and supplements to this Registration Statement and any and all related registration statements under Rule 462(b) of the Securities Act, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as s/he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form F-6 has been signed by the following persons in the following capacities on September 14, 2021.

 

Signature Title
   
/s/ Peter Wall Chief Executive Officer and Interim Chairman of the Board
Peter Wall (Principal Executive Officer)
   
/s/ Alex Appleton Chief Financial Officer and Member of the Board
Alex Appleton (Principal Financial Officer and Principal Accounting Officer)
   
/s/ Matthew Shaw Member of the Board
Matthew Shaw  
   
/s/ Colleen Sullivan

Member of the Board

Colleen Sullivan  
   
/s/ Maria Perrella Member of the Board
Maria Perrella  
   
/s/ Sarah Gow Member of the Board
Sarah Gow  

 

SIGNATURE OF AUTHORIZED U.S. REPRESENTATIVE OF THE REGISTRANT

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Argo Blockchain plc, has signed this Registration Statement on Form F-6 in Newark, Delaware, on September 14, 2021.

 

  AUTHORIZED U.S. REPRESENTATIVE
   
  By: /s/ Donald Puglisi
    Name: Donald Puglisi
    Title: Managing Director

 

II-3 

 

 

Index to Exhibits

 

Exhibit Document
   
(a) Form of Deposit Agreement among Argo Blockchain plc, JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all Holders and Beneficial Owners from time to time of American Depositary Receipts (“ADRs”) issued thereunder, including the Form of ADR attached as Exhibit A thereto.
   
(d) Opinion of Norton Rose Fulbright US LLP, counsel to the Depositary, as to the legality of the securities being registered.