11 April 2025
Argentex Group PLC
("Argentex" or the "Group")
Director / PDMR Dealing
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Nigel Railton, Non-Executive Chairman, on 9 April 2025 purchased 53,162 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 47 pence per Ordinary Share, and 53,826 ordinary shares of £0.0001 each in the Company at a price of 46.5 pence per Ordinary Share. On 11 April 2025 Nigel Railton also purchased 43,104 ordinary shares of £0.0001 each in the Company at a price of 46.4 pence per Ordinary Share.
Elizabeth Railton, a person closely associated to Nigel Railton, on 9 April 2025 purchased 21,323 Ordinary Shares of £0.0001 each in the Company at a price of 46.879 pence per Ordinary Share and 31,574 Ordinary Shares of £0.0001 each in the Company at 47.49 pence per Ordinary Share. On 10 April 2025, Elizabeth Railton also purchased 53,191 Ordinary Shares of £0.0001 each in the Company at a price of 47 pence per Ordinary Share.
Following these transactions, The Chairman and his PCA's total beneficial interest in the Company is 1,704,137 Ordinary Shares representing approximately 1.42% 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
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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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Nigel 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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Non-Executive Chairman |
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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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47p |
53,162 |
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46.5p |
53,826 |
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d)
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Aggregated information |
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- Aggregated volume |
106,988 |
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- Price |
46.748 |
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e)
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Date of the transaction
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9 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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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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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)
|
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)
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LEI
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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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|
|
||||
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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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46.879p |
21,323 |
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47.49p |
31,574 |
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d)
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Aggregated information |
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- Aggregated volume |
52,897 |
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- Price |
47.244p |
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e)
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Date of the transaction
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9 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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|
|
|
|
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Elizabeth Railton |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Person closely associated to a PDMR: Nigel Railton, Non-Executive Chairman |
|||
|
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 |
GB00BJLPH056 (Ordinary Shares) |
||||
|
|
|
||||
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b)
|
Nature of the transaction
|
Purchase of Ordinary Shares |
|||
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c)
|
Price(s) and volume(s) |
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|
|
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|
|
Price(s) |
Volume(s) |
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47p |
53,191 |
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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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10 April 2025 |
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f)
|
Place of the transaction
|
London Stock Exchange, AIMX |
|||
|
|
|
|
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Nigel Railton |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Non-Executive Chairman |
|||
|
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 |
GB00BJLPH056 (Ordinary Shares) |
||||
|
|
|
||||
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b)
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Nature of the transaction
|
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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46.4p |
43,104 |
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d)
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Aggregated information |
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|||
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||||
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- Aggregated volume |
n/a |
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|
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||||
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- Price |
|
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e)
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Date of the transaction
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11 April 2025 |
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f)
|
Place of the transaction
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London Stock Exchange, AIMX |
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