Director dealings: Argentex chairman raises stake

(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

Top Director Buys

Argentex Group (AGFX) Director name: Railton,Nigel Amount purchased: 693,000 @ 30.94p Value: £214,430.14

Invesco Global Equity Income Trust (IGET) Director name: Galbraith,Helen Amount purchased: 14,000 @ 312.02p Value: £43,682.80

Ixico (IXI) Director name: Nash,Grant Amount purchased: 260,000 @ 12.02p Value: £31,239.00

Team Internet Group (TIG) Director name: Holive,Marie Amount purchased: 25,252 @ 78.80p Value: £19,898.58

Baillie Gifford Uk Growth Trust (BGUK) Director name: Neill ,Ruary Amount purchased: 8,339 @ 179.88p Value: £15,000.19

Bae Systems (BA.) Director name: Greve,Brad Amount purchased: 559 @ 1,249.30p Value: £6,983.59

Iomart Group (IOM) Director name: Nabavi,Annette Amount purchased: 5,500 @ 90.80p Value: £4,994.00

Touchstone Exploration Inc Npv (di) (TXP) Director name: Baay,Paul R. Amount purchased: 11,574 @ $0.54 Value: $3,697.54

Zinc Media Group (ZIN) Director name: Satterthwaite,Christopher Amount purchased: 5,000 @ 52.00p Value: £2,600.00

Zinc Media Group (ZIN) Director name: Satterthwaite,Christopher Amount purchased: 4,434 @ 53.00p Value: £2,350.02

Top Director Sells

Softcat (SCT) Director name: Watt,Graeme Amount sold: 10,087 @ 1,574.00p Value: £158,769.38

Ixico (IXI) Director name: Nash,Grant Amount sold: 260,000 @ 12.00p Value: £31,200.00