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Director dealings: Argentex chairman raises stake

Wed 04 December 2024 15:48 | A A A

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(Sharecast News) - Argentex revealed on Wednesday that chairman Nigel Railton had acquired 693,000 ordinary shares in the AIM-listed currency management and payment solutions provider.

Railton, who was named as chairman back in May, purchased the shares on Monday at an average price of 30.94p each, for a total value of £214,430.14.

Following the transaction, Railton holds a beneficial interest in 1.27m ordinary Argentex shares, representing approximately 1.06% of the company's issued share capital.

As of 1620 GMT, Argentex shares were up 8.14% at 31.90p.

Reporting by Iain Gilbert at Sharecast.com

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