Argo Group Limited
("Argo" or the "Company")
Director Dealings
Argo Group Limited announces that it was informed on 21 March 2022 that Andreas Rialas had purchased 2,941,805 Ordinary Shares at a price of 18.75 pence per Ordinary Share. Following this transaction Mr Rialas's shareholding (direct and indirect) is 18,969,950 Ordinary Shares, representing 48.7% of the Company's issued share capital.
The notification set out below, provides further details of the dealing:
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Names
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Andreas Rialas |
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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 Investment Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Argo Group Limited |
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b)
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LEI
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2138006AZQPG1K8GHO83 |
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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 $0.01 each in Argo Group Limited |
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Identification code |
IM00B2RDSS92 |
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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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18.75p |
2,941,805 |
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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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23 March 2022 |
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f)
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Place of the transaction |
XLON |
Argo Group Limited +44 20 7016 7660
Jeremy Bradshaw
Panmure Gordon (UK) Limited +44 20 7886 2954
Dominic Morley