Argent director buys R1.6m in shares, signaling strong confidence

T Scharrighuisen, a non-executive director of Argent Industrial Limited, acquired 50,000 ordinary shares in the company on December 18, 2025. This on-market transaction represents a direct, beneficial interest for the director.

The total rand value of the securities transacted was R1,638,344.10. The shares were purchased at prices ranging from a low of R32.00 to a high of R32.85, with a volume-weighted average price (VWAP) of R32.76688.

This dealing in securities was conducted in compliance with JSE Limited Listings Requirements, and clearance for the transaction was obtained. The announcement was released from Durban on December 22, 2025, with PSG Capital serving as the sponsor.