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Director/PDMR Dealings

13 May 2024 18:20

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

Non-Executive Chair

111,111

292,043

0.24%

Jim Ormonde

Chief Executive Officer

111,111

176,046

0.15%

Jonathan Gray

Non-Executive Director

25,000

100,000

0.08%

Digby Jones

Non-Executive Director

22,222

456,673

0.38%

Tim Haldenby

Non-Executive Director

22,222

22,222

0.02%

 

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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END
 
 
DSHAJMRTMTBBBRI
Date   Source Headline
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