REG - Argentex Group PLC - Results of GM, Grant of Awards, PDMR Notifications

ArgentexAnnouncement

02/04/2025 16:45

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RNS Number : 4107D  Argentex Group PLC  02 April 2025

2 April 2025

 

Argentex Group PLC

("Argentex" or the "Group")

 

Results of General Meeting, Grant of Awards under New LTIP and PDMR
Notifications

 

Argentex Group PLC (AIM: AGFX), the global specialist in currency risk
management and alternative banking, is pleased to announce that at the General
Meeting held earlier today, the resolutions to approve, inter alia, the
adoption of the Company's new Senior Executive Long Term Incentive Plan (the
"LTIP") and Employee Share Option Plan were duly passed.

 

Argentex also announces the following awards under the LTIP to Persons
Discharging Managerial Responsibility:

 

 PDMR         Role                     % of total award  No. of growth shares issued under the new LTIP
 Jim Ormonde  Chief Executive Officer  45.0%             4,680
 Guy Rudolph  Chief Financial Officer  20.0%             2,080

 

For further information, please contact:

 

Argentex Group PLC

Jim Ormonde - Chief Executive Officer

Guy Rudolph - Chief Financial Officer

investorrelations@argentex.com (mailto: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                                                         Jim Ormonde

 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial

 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  Growth A shares in the capital of Argentex Capital Limited (a wholly owned

                                                                 subsidiary of the Company) under the LTIP.  Subject to certain performance
                                                                   conditions being met, the growth shares will be exchanged for ordinary shares
                                                                   in the capital of the Company.

      Identification code                                          GB00BJLPH056 (Ordinary Shares)

 b)   Nature of the transaction                                    Subscription of 4,680 Growth A Shares at £55.38 per share under the LTIP.

 c)   Price(s) and volume(s)                                                             Transaction                                                               Price(s)           Volume(s)

                                                                                       Subscription of 4,680 growth A shares in the capital of Argentex Capital  £55.38 per share   4,680
                                                                                         Limited

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      2 April 2025

 f)   Place of the transaction                                     Off-market transaction

 

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A

 

- Price

 

e)

 

Date of the transaction

2 April 2025

f)

Place of the transaction

Off-market transaction

 

 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

 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  Growth A shares in the capital of Argentex Capital Limited (a wholly owned

                                                                 subsidiary of the Company) under the LTIP.  Subject to certain performance
                                                                   conditions being met, the growth shares will be exchanged for ordinary shares
                                                                   in the capital of the Company.

      Identification code                                          GB00BJLPH056 (Ordinary Shares)

 b)   Nature of the transaction                                    Subscription of 2,080 Growth A Shares at £55.38 per share under the Company's

                                                                 LTIP.

 c)   Price(s) and volume(s)                                                             Transaction                                                               Price(s)           Volume(s)

                                                                                       Subscription of 2,080 growth A shares in the capital of Argentex Capital  £55.38 per share   2,080
                                                                                         Limited

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      2 April 2025

 f)   Place of the transaction                                     Off-market transaction

 

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A

 

- Price

 

e)

 

Date of the transaction

2 April 2025

f)

Place of the transaction

Off-market transaction

 

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