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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
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