Share Purchase Plan
Argo has a Share Purchase Plan (SPP) which is generally offered annually and allows eligible shareholders the opportunity to acquire additional parcels of shares directly from the company, often at a discount to the market price as defined by the SPP.
No brokerage or other transaction costs are payable. The maximum amount that a shareholder can invest in any 12-month period pursuant to the SPP is $15,000.
Argo is not intending to offer a SPP to its shareholders in the near future. If this position changes, we will make an announcement to the ASX and shareholders will be notified immediately.