REG - Argentex Group PLC - Director/PDMR Dealings

ArgentexAnnouncement

13/05/2024 18:30

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RNS Number : 2478O  Argentex Group PLC  13 May 2024

13 May 2024

 

Argentex Group PLC

(the "Company")

 

Director/PDMR Dealings

 

Argentex Group PLC (AIM: AGFX), the provider of currency management and
payment solutions to international institutions and corporates, confirms the
participation of certain Directors in the Placing announced on 2 May 2024 as
shown below:

 

 Director                  No. of Placing Shares subscribed for  Resulting shareholding in the Company  % shareholding in the Company's issued share capital as enlarged by the
                                                                                                        Fundraising
 Nigel Railton             111,111                               292,043                                0.24%

 Non-Executive Chair
 Jim Ormonde               111,111                               176,046                                0.15%

 Chief Executive Officer
 Jonathan Gray             25,000                                100,000                                0.08%

 Non-Executive Director
 Digby Jones               22,222                                456,673                                0.38%

 Non-Executive Director
 Tim Haldenby              22,222                                22,222                                 0.02%

 Non-Executive Director

 

Henry Beckwith, Non-Executive Director of Argentex, is a director of Pacific
Investment Management Ltd ("Pacific Investment Management"), and therefore
Pacific Investment Management is deemed to be a 'person closely associated'
with Henry Beckwith under UK MAR. Pacific Investment Management subscribed
for, in aggregate, 5,347,732 Placing Shares at the Placing Price.

 

Capitalised terms used in this announcement have the meanings given to them in
the Fundraising Announcements made on 2 and 3 May 2024.

 

The notifications below, made in accordance with the requirements of
the UK Market Abuse Regulation, provide further detail.

 

For further information, please contact:

Argentex Group PLC

Jim Ormonde - Chief Executive Officer

investorrelations@argentex.com

 

Singer Capital Markets (Nominated Adviser and Broker)

Tom Salvesen / James Maxwell / Angus Campbell

020 7496 3000

 

Teneo

James Macey White / Victoria Boxall

020 7353 4200

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.     Nigel Railton

                                                                   2.     Jim Ormonde

                                                                   3.     Jonathan Gray

                                                                   4.     Digby Jones

                                                                   5.     Tim Haldenby

 2    Reason for the notification

 a)   Position/status                                              1.     Non-Executive Chair

                                                                   2.     Chief Executive Officer

                                                                   3.     Non-executive Director

                                                                   4.     Non-executive Director

                                                                   5.     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                                          ISIN: GB00BJLPH056

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                             Price(s)         Volume(s)
                                                                                     1.     45.00 pence       111,111 Ordinary Shares
                                                                                     2.     45.00 pence       111,111 Ordinary Shares
                                                                                     3.     45.00 pence       25,000 Ordinary Shares
                                                                                     4.     45.00 pence       22,222 Ordinary Shares
                                                                                     5.     45.00 pence       22,222 Ordinary Shares

 d)   Aggregated information                                       See 4(c) above

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 May 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Pacific Investment Management Ltd

 2    Reason for the notification

 a)   Position/status                                              Person closely associated with Henry Beckwith, a PDMR of the Company

 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                                          ISIN: GB00BJLPH056

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                               Price(s)         Volume(s)
                                                                                       45.00 pence              5,347,732 Ordinary Shares

 d)   Aggregated information                                       As above

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 May 2024

 f)   Place of the transaction                                     Outside a trading venue

 

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