REG - Argentex Group PLC - Announcement of VREQ

ArgentexAnnouncement

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RNS Number : 5750R  Argentex Group PLC  18 July 2025

 

18 July 2025

Argentex Group PLC

("Argentex" or the "Group")

Announcement of VREQ

 

Argentex Group PLC ("Argentex" or the "Group") announces that their main
trading subsidiary, Argentex LLP, has agreed to a Voluntary Requirement
("VREQ") imposed by the FCA, which introduces a business restriction requiring
it to cease all regulated activity, to not register and onboard new customers,
and to not open any new foreign exchange trades. These restrictions also
require the firm to take all reasonable steps to stop incoming payments from
existing customers. These measures form part of the FCA's ongoing supervisory
engagement with Argentex LLP following recent market volatility and liquidity
pressures.

Enquiries:

 Argentex Group plc                                                            c/o Teneo Financial Advisory Limited

 Tim Rudman - Interim Chief Executive Officer
 Singer Capital Markets Advisory LLP (Nominated Adviser and Financial Adviser  +44 (0) 20 7496 3000
 to Argentex)

Tom Salvesen

James Maxwell

James Todd
 Teneo Financial Advisory Limited (Capital Market Communications Ltd)          +44 (0) 20 7260 2700
 (Financial PR Adviser to Argentex)
 James Macey-White

Victoria Boxall

 Riann Cato

 

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