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RNS
Falanx Group Ltd

Falanx Group Limited - Director/PDMR Shareholding

RNS Number : 5997Y
Falanx Group Limited
02 January 2020
 

2 January 2020

 

FALANX GROUP LIMITED

(the "Company")

 

PDMR dealing

 

Falanx Group Limited (AIM: FLX), the global cyber security and intelligence services provider, announces that Mike Read, CEO, has today acquired 400,000 ordinary shares in the Company at 1.218 pence per share.

 

Following this acquisition, Mike Read is now interested in 11,453,940 ordinary shares in the Company representing 2.86% of the current issued share capital.

 

Enquiries:

 

Falanx Group Limited

Alex Hambro Chairman

Mike Read CEO

Ian Selby CFO

 

Via IFC

Stifel Nicolaus Europe Limited, Nomad and Joint Broker

Fred Walsh / Alex Price / Neil Shah

 

+ 44 (0) 207 710 7600

Turner Pope International Limited, Joint Broker

James Pope / Ben Turner

 

+44 (0) 203 621 4120

 

IFC Advisory Ltd

Financial PR & IR

Graham Herring / Miles Nolan / Zach Cohen

+44 (0) 203 934 663

 

About Falanx

Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. For more information: http://www.falanx.com/

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 

Michael David Read

2

 

Reason for the notification

a)

 

Position/status

 

CEO

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 of nil par value

b)

Identification code 

 

VGG3338A1075

c)

 

Nature of the transaction 

 

Purchase of Ordinary Shares

d)

 

Price(s) and volume(s)

Volume(s):

400,000 Ordinary Shares

Price: 1.218 pence per Ordinary Share

d)

 

Aggregated information 

- Aggregated volume

- Price

N/A

 

e)

 

Date of the transactions 

2 January 2020

f)

 

Place of the transaction

London Stock Exchange

 


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