Director/PDMR Shareholding

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 11^th June 2021, he and the Board have agreed an orderly sell-down of the entirety of his shareholding in the Company which completed on 10^th 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
K it Smith	1 25,000
D an Merrick	6 2,500
J oe 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: [phone]

[e-mail]        

Numis Securities Limited (Nominated Adviser and Broker)

Stephen Westgate, Charlie Farquhar, Laura White, Hugo Rubinstein
Telephone: [phone]

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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