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REG - ARGO Group Limited - Director Dealings

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RNS Number : 7393F  ARGO Group Limited  23 March 2022

Argo Group Limited

("Argo" or the "Company")

 

Director Dealings

Argo Group Limited announces that it was informed on 21 March 2022 that
Andreas Rialas had purchased 2,941,805 Ordinary Shares at a price of 18.75
pence per Ordinary Share. Following this transaction Mr Rialas's shareholding
(direct and indirect) is 18,969,950 Ordinary Shares, representing 48.7% of the
Company's issued share capital.

 The notification set out below, provides further details of the dealing:

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Names                                                        Andreas Rialas

 2    Reason for the notification

 a)   Position/status                                              Chief Investment Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Argo Group Limited

 b)   LEI                                                          2138006AZQPG1K8GHO83

 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 $0.01 each in Argo Group Limited

      Identification code                                          IM00B2RDSS92

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     18.75p            2,941,805

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

 e)   Date of the transaction                                      23 March 2022

 f)   Place of the transaction                                     XLON

 

Argo Group Limited  +44 20 7016 7660

Jeremy Bradshaw

 

Panmure Gordon (UK) Limited  +44 20 7886 2954

Dominic Morley

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