Source - LSE Regulatory
RNS Number : 2931I
Argentex Group PLC
11 August 2021
 

11 August 2021

Argentex Group PLC

("Argentex" or the "Group")

Director/PDMR Shareholding

Argentex Group PLC (AIM: AGFX), the provider of foreign exchange services to institutions, corporates and high net worth private individuals, announces that following the resignation of Carl Jani, Co-CEO, announced 11th June 2021, he and the Board have agreed an orderly sell-down of the entirety of his shareholding in the Company which completed on 10th August 2021.

Board directors, executive team members and company management, including a number of persons discharging managerial responsibility (PDMR), alongside a wide range of existing and new institutional and private investors, took part in the sale of the Shares.

The PDMRs who are named in column (1) of the below table bought the number of Ordinary Shares set alongside their respective names in column (2) of the below table at a price of 80 pence per Ordinary Share.

(1)

(2)

PDMR

Number of Ordinary Shares bought

Digby Jones

37,500

Lena Wilson

12,500

Nigel Railton

37,500

Jonathan Gray

25,000

Henry Beckwith

249,499

Harry Adams

133,750

Jo Stent

37,500

Andrew Egan

312,500

Kit Smith

125,000

Dan Merrick

62,500

Joe Duffelen

25,000

Remi Digby

12,500

Olivia Lang

12,500

 

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

For further information, please contact:

Argentex Group PLC

Harry Adams - CEO

Jo Stent - CFO

(Via FTI Consulting)

FTI Consulting (Financial PR)

Ed Berry, Shiv Talwar, Ambrose Fullalove

Telephone: 0203 727 1046

argentex@fticonsulting.com    

Numis Securities Limited (Nominated Adviser and Broker)

Stephen Westgate, Charlie Farquhar, Laura White, Hugo Rubinstein
Telephone: +44 (0) 20 7260 1000

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities.

 

1

Details of the persons discharging managerial responsibilities/person closely associated

a)

Name

a.    Digby Jones

b.    Lena Wilson

c.     Nigel Railton

d.    Jonathan Gray

e.    Henry Beckwith

f.     Harry Adams

g.    Jo Stent

h.    Andrew Egan

i.      Kit Smith

j.     Dan Merrick

k.    Joe Duffelen

l.      Remi Digby

m.   Olivia Lang

 

2

Reason for the notification

a)

Position/status

a.    Non-Executive Chairman

b.    Senior Independent Director

c.     Independent Non-Executive Director

d.    Independent Non-Executive Director

e.    Non-Executive Director

f.     Chief Executive Officer

g.    Chief Financial Officer

h.    Managing Director

i.      LLP Partner

j.     LLP Partner

k.    LLP Partner

l.      LLP Partner

m.   LLP Partner

 

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)

Legal Entity Identifier

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

 

Identification code

Ordinary shares of £0.0001 each

 

 

 

ISIN - GB00BJLPH056

b)

Nature of transaction

Purchase of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price

No. of shares

a.    80p

b.    80p

c.     80p

d.    80p

e.    80p

f.     80p

g.    80p

h.    80p

i.      80p

j.     80p

k.    80p

l.      80p

m.   80p

a.    37,500

b.    12,500

c.     37,500

d.    25,000

e.    249,499

f.     133,750

g.    37,500

h.    312,500

i.      125,000

j.     62,500

k.    25,000

l.      12,500

m.   12,500

 

e)

Aggregate information

- Aggregate volume

- Price

- Aggregate total

Volume: 1,083,249

 

Price: £866,599.20

f)

Date of the transaction

10 August 2021

g)

Place of the transaction

London Stock Exchange

 

 

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