Argent Industrial director increases stake with R1.6m share purchase

TR Hendry, an executive director at Argent Industrial Limited, has purchased additional ordinary shares in the company through on-market transactions. The director acquired a total of 50,000 shares across two transactions in December 2025.

On December 19, 2025, Hendry bought 45,296 shares with prices ranging from R32.21 to R32.75, resulting in a volume-weighted average price (VWAP) of R32.53055. This transaction amounted to R1,473,503.72. A subsequent purchase on December 22, 2025, involved 4,704 shares at a price of R32.89 per share, totaling R154,714.56.

The combined value of these transactions is R1,628,218.28, reflecting a direct beneficial interest for the director. The company confirmed that all necessary clearances were obtained in compliance with JSE Limited Listings Requirements.