3rd Apr 2025 15:51
Argentex Group PLC
("Argentex" or the "Group")
Notification of Transactions by
Persons Discharging Managerial Responsibilities and
Persons Closely Associated with them
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Jim Ormonde, Chief Executive Officer, on 2 April 2025 purchased 320,338 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 46.8 pence per Ordinary Share.
Following this transaction, Jim Ormonde's total beneficial interest in the Company is 496,384 Ordinary Shares representing approximately 0.41% of the Company's issued share capital.
On 2 April 2025, Guy Rudolph, Chief Financial Officer, purchased 40,000 Ordinary Shares of £0.0001 each in the Company at a price of 45.6 pence per Ordinary Share.
Following this transaction, Guy Rudolph's total beneficial interest in the Company is 100,021 Ordinary Shares representing approximately 0.08% of the Company's issued share capital.
Elizabeth Railton, a person closely associated to a PDMR, Non-Executive Chairman, Nigel Railton, on 2 April 2025 purchased 168,527 Ordinary Shares of £0.0001 each in the Company at a price of 44.5 pence per Ordinary Share.
Following this transaction, The Chairman and his PCA's beneficial interest in the Company is 1,447,957 Ordinary Shares representing approximately 1.20% of the Company's issued share capital.
Kiki Beckwith, a person closely associated to a PDMR, Non-Executive Director, Henry Beckwith, on 2 April 2025 purchased 10,321 Ordinary Shares of £0.0001 each in the Company at a price of 43.6 pence per Ordinary Share, and 12,562 Ordinary Shares of £0.0001 each in the Company at a price of 43.782 pence per Ordinary Share.
Following this transaction, Henry Beckwith and Kiki Beckwith have a beneficial interest in the Company of 7,698,130 Ordinary Shares representing 6.39% of the Company's issued share capital. Including Pacific Investments Management Ltd's holding (deemed to be a person closely associated with Henry Beckwith), Henry Beckwith and the sum of his PCAs' beneficial interest in the Company is 28,321,889 Ordinary Shares representing approximately 23.52% of the Company's issued share capital.
For further information, please contact:
Argentex Group PLC
Jim Ormonde - Chief Executive Officer
Guy Rudolph - Chief Financial Officer
Teneo (Financial PR)
James Macey-White/Victoria Boxall/ Riann Cato
[email protected], 020 7260 2700
Singer Capital Markets (Nominated Adviser and Broker)
Tom Salvesen / James Maxwell / James Todd
020 7496 3000
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jim Ormonde | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
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)
| LEI
| 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 | Ordinary shares of £0.0001 each | |||
Identification code | GB00BJLPH056 (Ordinary Shares) | ||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
46.8p | 320,338 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a | ||||
- Price | |||||
e)
| Date of the transaction
| 2 April 2025 | |||
f)
| Place of the transaction
| London Stock Exchange, AIMX | |||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Guy Rudolph | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
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)
| LEI
| 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 | Ordinary shares of £0.0001 each | |||
Identification code | GB00BJLPH056 (Ordinary Shares) | ||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
45.6p | 40,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a | ||||
- Price | |||||
e)
| Date of the transaction
| 2 April 2025 | |||
f)
| Place of the transaction
| London Stock Exchange, AIMX | |||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Elizabeth Railton | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Person closely associated to a PDMR: Nigel Railton, Non-Executive Chairman | |||
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)
| LEI
| 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 | Ordinary shares of £0.0001 each | |||
Identification code | GB00BJLPH056 (Ordinary Shares) | ||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
44.5p | 168,527 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a | ||||
- Price | |||||
e)
| Date of the transaction
| 2 April 2025 | |||
f)
| Place of the transaction
| London Stock Exchange, AIMX | |||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Kiki Beckwith | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Person closely associated to a PDMR: Henry Beckwith, Non-Executive Director | |||
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)
| LEI
| 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 | Ordinary shares of £0.0001 each | |||
Identification code | GB00BJLPH056 (Ordinary Shares) | ||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
43.6p | 10,321 | ||||
43.782p | 12,562 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 22,883 | ||||
- Price | 43.7p | ||||
e)
| Date of the transaction
| 2 April 2025 | |||
f)
| Place of the transaction
| London Stock Exchange, AIMX | |||
Related Shares:
Argentex Group.