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ARGENTEX GROUP PLC — Director's Dealing 2021
Aug 11, 2021
7495_dirs_2021-08-11_d8a42882-eb61-482d-adf3-28286b80086e.html
Director's Dealing
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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
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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