Terry Clune and Harry Adams confirm they do not intend to make offer for Argentex
Terry Clune and Harry Adams have confirmed that they do not intend to make an offer for Argentex.
Argentex
Former Argentex CEO Harry Adams launches new B2B FX firm Tenora
Argentex, B2B FX, featured, FX risk management solutions, Harry Adams, Tenora, tenora.io
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Tenora was created to challenge outdated FX service models that lack transparency and accountability.
Argentex unveils Board changes
The directors had reviewed the composition of Argentex’s board and agreed to reduce the number of directors.
Trading in Argentex shares on AIM to be restored
Trading in Argentex’s Ordinary Shares on AIM will be restored, effective from 7.30 a.m. today.
Argentex accepts IFX Payments £3 million offer for the company
Argentex, featured, IFX Payments, LON:AGFX
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IFX’s offer values Argentex at just £3 million – a 94% discount to the company’s £52 million valuation when Argentex last traded.
Jim Ormonde steps down as Argentex CEO
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Argentex Group PLC today announced that Jim Ormonde, Chief Executive Officer, has left the company with immediate effect.
IFX Payments offering 2.49p per Argentex share, provides £6.5M bridge loan
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The 2.49 pence-per-share offer equates to a market value of just £3.1 million for Argentex.
Argentex confirms advanced discussions with IFX Payments regarding possible acquisition offer
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The Board of Argentex today confirmed that it has received non-binding indicative proposals regarding separate possible offers for the company.
Argentex requests suspension of trading on AIM
Argentex Group PLC (LON:AGFX), a specialist in currency risk management, today provided an update regarding its financial position.
Argentex revenues flat in 2024 as company posts £1.2M loss
Argentex, featured, LON:AGFX
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Average Argentex revenue per client fell by 9% in 2024 due to a combination of product/client mix, volatility and margin compression.
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