RNS Number : 7691E
Argentex Group PLC
11 April 2025
11 April 2025
Argentex Group PLC
("Argentex" or the "Group")
Director / PDMR Dealing
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Nigel Railton, Non-Executive Chairman, on 9 April 2025 purchased 53,162 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 47 pence per Ordinary Share, and 53,826 ordinary shares of £0.0001 each in the Company at a price of 46.5 pence per Ordinary Share. On 11 April 2025 Nigel Railton also purchased 43,104 ordinary shares of £0.0001 each in the Company at a price of 46.4 pence per Ordinary Share.
Elizabeth Railton, a person closely associated to Nigel Railton, on 9 April 2025 purchased 21,323 Ordinary Shares of £0.0001 each in the Company at a price of 46.879 pence per Ordinary Share and 31,574 Ordinary Shares of £0.0001 each in the Company at 47.49 pence per Ordinary Share. On 10 April 2025, Elizabeth Railton also purchased 53,191 Ordinary Shares of £0.0001 each in the Company at a price of 47 pence per Ordinary Share.
Following these transactions, The Chairman and his PCA's total beneficial interest in the Company is 1,704,137 Ordinary Shares representing approximately 1.42% 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
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nigel Railton
2
Reason for the notification
a)
Position/status
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)
47p
53,162
46.5p
53,826
d)
Aggregated information
- Aggregated volume
106,988
- Price
46.748
e)
Date of the transaction
9 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
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)
46.879p
21,323
47.49p
31,574
d)
Aggregated information
- Aggregated volume
52,897
- Price
47.244p
e)
Date of the transaction
9 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
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)
47p
53,191
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
10 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nigel Railton
2
Reason for the notification
a)
Position/status
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)
46.4p
43,104
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
11 April 2025
f)
Place of the transaction
London Stock Exchange, AIMX
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