Argentex Group PLC
("Argentex" or the "Group")
Notification of Transactions by
Persons Discharging Managerial Responsibilities and
Persons Closely Associated with them
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Jim Ormonde, Chief Executive Officer, on 2 April 2025 purchased 320,338 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 46.8 pence per Ordinary Share.
Following this transaction, Jim Ormonde's total beneficial interest in the Company is 496,384 Ordinary Shares representing approximately 0.41% of the Company's issued share capital.
On 2 April 2025, Guy Rudolph, Chief Financial Officer, purchased 40,000 Ordinary Shares of £0.0001 each in the Company at a price of 45.6 pence per Ordinary Share.
Following this transaction, Guy Rudolph's total beneficial interest in the Company is 100,021 Ordinary Shares representing approximately 0.08% of the Company's issued share capital.
Elizabeth Railton, a person closely associated to a PDMR, Non-Executive Chairman, Nigel Railton, on 2 April 2025 purchased 168,527 Ordinary Shares of £0.0001 each in the Company at a price of 44.5 pence per Ordinary Share.
Following this transaction, The Chairman and his PCA's beneficial interest in the Company is 1,447,957 Ordinary Shares representing approximately 1.20% of the Company's issued share capital.
Kiki Beckwith, a person closely associated to a PDMR, Non-Executive Director, Henry Beckwith, on 2 April 2025 purchased 10,321 Ordinary Shares of £0.0001 each in the Company at a price of 43.6 pence per Ordinary Share, and 12,562 Ordinary Shares of £0.0001 each in the Company at a price of 43.782 pence per Ordinary Share.
Following this transaction, Henry Beckwith and Kiki Beckwith have a beneficial interest in the Company of 7,698,130 Ordinary Shares representing 6.39% of the Company's issued share capital. Including Pacific Investments Management Ltd's holding (deemed to be a person closely associated with Henry Beckwith), Henry Beckwith and the sum of his PCAs' beneficial interest in the Company is 28,321,889 Ordinary Shares representing approximately 23.52% of the Company's issued share capital.
For further information, please contact:
Argentex Group PLC
Jim Ormonde - Chief Executive Officer
Guy Rudolph - Chief Financial Officer
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
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jim Ormonde |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name
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Argentex Group plc |
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b)
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LEI
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2549007V7B928Q178194 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.0001 each |
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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b)
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Nature of the transaction
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Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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46.8p |
320,338 |
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d)
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Aggregated information |
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- Aggregated volume |
n/a |
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- Price |
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e)
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Date of the transaction
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2 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Guy Rudolph |
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name
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Argentex Group plc |
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b)
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LEI
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2549007V7B928Q178194 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.0001 each |
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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b)
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Nature of the transaction
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Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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45.6p |
40,000 |
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d)
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Aggregated information |
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- Aggregated volume |
n/a |
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- Price |
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e)
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Date of the transaction
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2 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
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a)
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Name
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Elizabeth Railton |
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2
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Reason for the notification
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a)
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Position/status
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Person closely associated to a PDMR: Nigel Railton, Non-Executive Chairman |
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b)
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Initial notification /Amendment
|
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name
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Argentex Group plc |
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b)
|
LEI
|
2549007V7B928Q178194 |
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|
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 |
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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b)
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Nature of the transaction
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Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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44.5p |
168,527 |
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d)
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Aggregated information |
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- Aggregated volume |
n/a |
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- Price |
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e)
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Date of the transaction
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2 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
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a)
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Name
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Kiki Beckwith |
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2
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Reason for the notification
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a)
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Position/status
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Person closely associated to a PDMR: Henry Beckwith, Non-Executive Director |
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b)
|
Initial notification /Amendment
|
Initial Notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
|
a) |
Name
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Argentex Group plc |
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b)
|
LEI
|
2549007V7B928Q178194 |
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|
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
|
||||
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a)
|
Description of the financial instrument, type of instrument |
Ordinary shares of £0.0001 each |
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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b)
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Nature of the transaction
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Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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43.6p |
10,321 |
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43.782p |
12,562 |
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d)
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Aggregated information |
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- Aggregated volume |
22,883 |
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- Price |
43.7p |
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e)
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Date of the transaction
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2 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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