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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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