RNS Number : 7393F
ARGO Group Limited
23 March 2022
 

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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