RNS Number : 3024L
Falanx Group Limited
21 December 2018

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Falanx Group Limited

 

(“Falanx” or “the Company”)

 

Director / PDMR Shareholding

 

Falanx Group (AIM:FLX), the global intelligence, security and cyber defence provider, announces that on 19 December 2018, Mike Read, CEO and Non-Executive Chairman, acquired 350,000 ordinary shares (“Ordinary Shares”) at a price of 2.94 pence per share. Mr Read also acquired 175,000 ordinary shares at a price of 2.90 pence per share yesterday. Mr Read’s resultant interest following these transactions is now 10,003,940 Ordinary Shares, representing 2.5 per cent of the Company’s issued share capital.

              

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details of the transactions on 19 and 20 December 2018 respectively.

Enquiries:

Falanx Group Limited

Mike Read, Chairman and Chief Executive Officer

John Blamire, COO

Ian Selby, CFO

www.falanx.com

 

SPARK Advisory Partners Limited

Nominated Adviser

Matt Davis / James Keeshan

 

+44 (0) 203 368 3551

Turner Pope Investments (TPI) Ltd

Broker

Ben Turner / James Pope

 

IFC Advisory Ltd

Graham Herring

Tim Metcalfe

Miles Nolan

+44 (0) 203 621 4120

 

 

 

+44 (0) 203 053 8671

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities (“PDMRs”) and persons closely associated (“PCA”) with them.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Mike Read, Chairman and Chief Executive Officer

2

 

Reason for the notification

a)

 

Position/status

 

See 1(a) above

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name

 

Falanx Group Limited

b)

 

LEI

 213800YO4F9CUQLALV19

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Ordinary Shares

b)

Identification code 

 

VGG3338A1075

c)

 

Nature of the transaction 

 

Purchase of Ordinary Shares

d)

 

Price(s) and volume(s)

Volume(s):

350,000 Ordinary Shares at 2.94 pence per Ordinary Share

175,000 Ordinary Shares at 2.9 pence per Ordinary Share

d)

 

Aggregated information 

– Aggregated volume

– Price

As stated above

 

e)

 

Date of the transactions 

19 and 20 December 2018 respectively

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Notes to Editors

Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. The Group listed on AIM in June 2013 under ticker FLX. For more information: http://www.falanxgroup.com/

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

DSHBDBDDSSDBGIB