Argo Group Limited
("Argo" or the "Company")
Director Dealings
Argo Group Limited announces that it was informed on 21 March 2022 that Andreas Rialas had purchased 2,941,805 Ordinary Shares at a price of 18.75 pence per Ordinary Share. Following this transaction Mr Rialas's shareholding (direct and indirect) is 18,969,950 Ordinary Shares, representing 48.7% of the Company's issued share capital.
The notification set out below, provides further details of the dealing:
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Names
| Andreas Rialas | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Investment Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Argo Group Limited | |||
| b)
| LEI
| 2138006AZQPG1K8GHO83 | |||
| 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 $0.01 each in Argo Group Limited | |||
| | | ||||
| Identification code | IM00B2RDSS92 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 18.75p | 2,941,805 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | n/a | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 23 March 2022 | |||
| f)
| Place of the transaction | XLON | |||
Argo Group Limited +44 20 7016 7660
Jeremy Bradshaw
Panmure Gordon (UK) Limited +44 20 7886 2954
Dominic Morley
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