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Argentex Group PLC announced that Non-Executive Chairman Nigel Railton purchased 53,162 ordinary shares at 47 pence and 53,826 shares at 46.5 pence on April 9, 2025, and a further 43,104 shares at 46.4 pence on April 11, 2025. Elizabeth Railton, a person closely associated, purchased 21,323 ordinary shares at 46.879 pence and 31,574 shares at 47.49 pence on April 9, 2025, plus 53,191 shares at 47 pence on April 10, 2025. These transactions resulted in their combined beneficial interest in the Company totalling 1,704,137 Ordinary Shares, representing approximately 1.42% of Argentex's issued share capital.
| Date | 11 Apr 2025 |
| Time | 16:35:58 |
| Category | Director/PDMR dealings |
| ID | 7691E |
11 April 2025
Argentex Group PLC
("Argentex" or the "Group")
Director / PDMR Dealing
Argentex Group PLC (AIM: AGFX), the global specialist in currency risk management and alternative banking announces that Nigel Railton, Non-Executive Chairman, on 9 April 2025 purchased 53,162 ordinary shares of £0.0001 each ("Ordinary Shares") in the Company at a price of 47 pence per Ordinary Share, and 53,826 ordinary shares of £0.0001 each in the Company at a price of 46.5 pence per Ordinary Share. On 11 April 2025 Nigel Railton also purchased 43,104 ordinary shares of £0.0001 each in the Company at a price of 46.4 pence per Ordinary Share.
Elizabeth Railton, a person closely associated to Nigel Railton, on 9 April 2025 purchased 21,323 Ordinary Shares of £0.0001 each in the Company at a price of 46.879 pence per Ordinary Share and 31,574 Ordinary Shares of £0.0001 each in the Company at 47.49 pence per Ordinary Share. On 10 April 2025, Elizabeth Railton also purchased 53,191 Ordinary Shares of £0.0001 each in the Company at a price of 47 pence per Ordinary Share.
Following these transactions, The Chairman and his PCA's total beneficial interest in the Company is 1,704,137 Ordinary Shares representing approximately 1.42% 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
investorrelations@argentex.com
Teneo (Financial PR)
James Macey-White/Victoria Boxall/ Riann Cato
argentex@teneo.com, 020 7260 2700
Singer Capital Markets (Nominated Adviser and Broker)
Tom Salvesen / James Maxwell / James Todd
020 7496 3000
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Nigel Railton |
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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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Non-Executive Chairman |
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b)
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Initial notification /Amendment
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name
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Argentex Group plc |
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b)
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LEI
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2549007V7B928Q178194 |
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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 £0.0001 each |
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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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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47p |
53,162 |
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46.5p |
53,826 |
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d)
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Aggregated information |
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- Aggregated volume |
106,988 |
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- Price |
46.748 |
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e)
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Date of the transaction
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9 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Elizabeth Railton |
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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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Person closely associated to a PDMR: Nigel Railton, Non-Executive Chairman |
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b)
|
Initial notification /Amendment
|
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name
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Argentex Group plc |
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b)
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LEI
|
2549007V7B928Q178194 |
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|
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 |
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|
|
|
||||
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Identification code |
GB00BJLPH056 (Ordinary Shares) |
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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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46.879p |
21,323 |
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47.49p |
31,574 |
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d)
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Aggregated information |
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- Aggregated volume |
52,897 |
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- Price |
47.244p |
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e)
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Date of the transaction
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9 April 2025 |
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f)
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Place of the transaction
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London Stock Exchange, AIMX |
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|
|
|
|
|||
|
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) |
||||
|
|
|
||||
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b)
|
Nature of the transaction
|
Purchase of Ordinary Shares |
|||
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c)
|
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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47p |
53,191 |
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d)
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Aggregated information |
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||||
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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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10 April 2025 |
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f)
|
Place of the transaction
|
London Stock Exchange, AIMX |
|||
|
|
|
|
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Nigel Railton |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
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) |
||||
|
|
|
||||
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b)
|
Nature of the transaction
|
Purchase of Ordinary Shares |
|||
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c)
|
Price(s) and volume(s) |
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|
|
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|
Price(s) |
Volume(s) |
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|
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|
46.4p |
43,104 |
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d)
|
Aggregated information |
|
|||
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|
||||
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- Aggregated volume |
n/a |
||||
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|
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||||
|
- Price |
|
||||
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||||
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e)
|
Date of the transaction
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11 April 2025 |
|||
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f)
|
Place of the transaction
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London Stock Exchange, AIMX |
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