13 March 2023
Argentex Group PLC
("Argentex" or the "Group")
Update on counterparties
Argentex Group PLC (AIM: AGFX) notes recent developments in relation to Silicon Valley Bank ("SVB") and confirms it has no exposure to the institution having never held accounts with SVB or SVB UK. No company or client funds are impacted by SVB's insolvency.
Argentex places risk management at the core of its business, with all client funds held and safeguarded at Tier 1 banks.
For further information please contact:
Argentex Group PLC
Harry Adams - CEO
Jo Stent - CFO
investorrelations@argentex.com
FTI Consulting LLP (Financial PR)
Ed Berry / Ambrose Fullalove / Jenny Boyd
07703 330 199
Singer Capital Markets (Nominated Adviser and Broker)
Tom Salvesen / James Maxwell / Justin McKeegan
020 7496 3000
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