RNS Number : 6001D
Argentex Group PLC
03 April 2025
Argentex Group PLC
("Argentex" or the "Group")
Notification of Transactions by
Persons Discharging Managerial Responsibilities and
Persons Closely Associated with them
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Jim Ormonde, Chief Executive Officer, on 2 April 2025 purchased 320,338 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 46.8 pence per Ordinary Share.
Following this transaction, Jim Ormonde's total beneficial interest in the Company is 496,384 Ordinary Shares representing approximately 0.41% of the Company's issued share capital.
On 2 April 2025, Guy Rudolph, Chief Financial Officer, purchased 40,000 Ordinary Shares of £0.0001 each in the Company at a price of 45.6 pence per Ordinary Share.
Following this transaction, Guy Rudolph's total beneficial interest in the Company is 100,021 Ordinary Shares representing approximately 0.08% of the Company's issued share capital.
Elizabeth Railton, a person closely associated to a PDMR, Non-Executive Chairman, Nigel Railton, on 2 April 2025 purchased 168,527 Ordinary Shares of £0.0001 each in the Company at a price of 44.5 pence per Ordinary Share.
Following this transaction, The Chairman and his PCA's beneficial interest in the Company is 1,447,957 Ordinary Shares representing approximately 1.20% of the Company's issued share capital.
Kiki Beckwith, a person closely associated to a PDMR, Non-Executive Director, Henry Beckwith, on 2 April 2025 purchased 10,321 Ordinary Shares of £0.0001 each in the Company at a price of 43.6 pence per Ordinary Share, and 12,562 Ordinary Shares of £0.0001 each in the Company at a price of 43.782 pence per Ordinary Share.
Following this transaction, Henry Beckwith and Kiki Beckwith have a beneficial interest in the Company of 7,698,130 Ordinary Shares representing 6.39% of the Company's issued share capital. Including Pacific Investments Management Ltd's holding (deemed to be a person closely associated with Henry Beckwith), Henry Beckwith and the sum of his PCAs' beneficial interest in the Company is 28,321,889 Ordinary Shares representing approximately 23.52% of the Company's issued share capital.
For further information, please contact:
Argentex Group PLC
Jim Ormonde - Chief Executive Officer
Guy Rudolph - Chief Financial Officer
investorrelations@argentex.com
Teneo (Financial PR)
James Macey-White/Victoria Boxall/ Riann Cato
argentex@teneo.com, 020 7260 2700
Singer Capital Markets (Nominated Adviser and Broker)
Tom Salvesen / James Maxwell / James Todd
020 7496 3000
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jim Ormonde
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argentex Group plc
b)
LEI
2549007V7B928Q178194
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of£0.0001 each
Identification code
GB00BJLPH056 (Ordinary Shares)
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
46.8p
320,338
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Guy Rudolph
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argentex Group plc
b)
LEI
2549007V7B928Q178194
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of£0.0001 each
Identification code
GB00BJLPH056 (Ordinary Shares)
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
45.6p
40,000
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Elizabeth Railton
2
Reason for the notification
a)
Position/status
Person closely associated to a PDMR: Nigel Railton, Non-Executive Chairman
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argentex Group plc
b)
LEI
2549007V7B928Q178194
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of£0.0001 each
Identification code
GB00BJLPH056 (Ordinary Shares)
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
44.5p
168,527
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kiki Beckwith
2
Reason for the notification
a)
Position/status
Person closely associated to a PDMR: Henry Beckwith, Non-Executive Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argentex Group plc
b)
LEI
2549007V7B928Q178194
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of£0.0001 each
Identification code
GB00BJLPH056 (Ordinary Shares)
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
43.6p
10,321
43.782p
12,562
d)
Aggregated information
- Aggregated volume
22,883
- Price
43.7p
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
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