Argentex Group PLC

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GB00BJLPH056

Investment Banking & Brokerage Services

Market Closed - London S.E. Other stock markets 09:05:00 26/06/2024 pm IST			5-day change	1st Jan Change
28.45 ^GBX	+1.61%		-3.23%	-68.39%

18/06	Transcript : Argentex Group PLC, 2023 Earnings Call, Jun 18, 2024
04/06	Argentex up as secures Australian financial services license	AN

Argentex up as secures Australian financial services license

June 04, 2024 at 07:44 pm IST

Argentex Group PLC - international provider of foreign exchange services for institutions, corporates and high-net-worth private individuals - Says it has been granted its Australian financial services license, which it calls a "pivotal step in the business's strategic plan."

Chief Executive Jim Ormonde says: "Australia is a dynamic market with diverse currency needs and we are thrilled to receive the AFSL. It reflects our strong reputation and leverages the group's experience to diversify into broader alternative banking markets more progressively. As part of our long-term growth plans and strategy, the license highlights our conviction to transform the business into a global, cross-border, financial solutions provider."

Current stock price: 37.57 pence each, up 4.4% on Tuesday

12-month change: down 66%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Argentex Group PLC

Transcript : Argentex Group PLC, 2023 Earnings Call, Jun 18, 2024	18/06
Argentex up as secures Australian financial services license	04/06	AN
Argentex Group Raises GBP3 Million from Retail Offering of New Shares	10/05	MT
EARNINGS AND TRADING: Deltic's new licences; Roadside AIM restoration	03/05	AN
Argentex Group Launches Retail Offer	03/05	MT
Argentex raises GBP3.3 million through placing of shares	02/05	AN
EARNINGS AND TRADING: Trident Royalties swings to profit	02/05	AN
Argentex to Launch Fundraising for Alternative Banking Platform Development	02/05	MT
Earnings Flash (AGFX.L) ARGENTEX GROUP Posts FY23 Revenue GBP49.9M	02/05	MT
Earnings Flash (AGFX.L) ARGENTEX GROUP Posts FY23 EPS GBX4.60	02/05	MT
Argentex Group PLC Proposes No Final Dividend for the Year Ended 31 December 2023	02/05	CI
Argentex Group PLC Provides Revenue Guidance for the Fiscal Year 2024 and Fiscal Year 2026	02/05	CI
Argentex Group PLC Appoints Interim CEO Jim Ormonde as Permanent CEO	02/05	CI
Argentex Group PLC Reports Earnings Results for the Full Year Ended December 31, 2023	02/05	CI
Frontier IP hires former Argentex CFO Jo Stent as new finance chief	12/04	AN
Argentex plunges on lower annual expectations; appoints interim CFO	30/01	AN
AIM WINNERS & LOSERS: Petards up on contract; Argentex profit falls	30/01	AN
Britain's Argentex Names Interim CFO	30/01	MT
Argentex Appoints Guy Rudolph as Interim Chief Financial Officer with Effect from 31 January 2024	30/01	CI
Argentex Group plc Appoints Tim Haldenby as an Independent Non-Executive Director	16/11	CI
FTSE 100 Closes Down 1.3% on Renewed Interest-Rate Caution	10/11	DJ
Argentex expects 2023 revenue, operating profit below market forecasts	10/11	AN
AIM WINNERS & LOSERS: Argentex rises despite "disappointing" outlook	10/11	AN
Argentex Group plc Provides Earnings Guidance for the Full Year Ending December 31, 2023	10/11	CI
FTSE 100 Ends Three-Day Falling Streak After Mixed Updates	09/11	DJ

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Company Profile

Argentex Group PLC is a United Kingdom-based provider of currency management and payment solutions to international institutions and corporates. The Company provides currency management, foreign exchange (FX) execution and hedging through spot, forward and structured solutions. It also provides alternative transaction banking, with digital solutions including multi-currency accounts (vIBANs) and global payments. The Company executes FX spot, forward and structured solutions contracts on behalf of its clients. The Company delivers via multiple channels that include traditional voice broking and online alternative banking (virtual IBANS). The Company's multi-currency accounts provide approximately 15 currencies with one account number. It serves various sectors, including financial services, other corporate, manufacturing and machinery, film production and animation, electrical, food and beverages, fashion, consultancy and recruitment, and medical and pharmaceutical.

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Investment Banking & Brokerage Services

Calendar

11/09/2024 - Q2 2024 Earnings Release (Projected)

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