Director / PDMR Shareholding

RNS Number : 8963X

Falanx Group Limited

15 August 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 14 August 2018, Mike Read, CEO and Non-Executive Chairman, acquired 115,000 ordinary shares ("Ordinary Shares") at a price of 4.35 pence per share. Mr Read also acquired 120,000 ordinary shares at a price of 4.15 pence per share later in the day. Mr Read's resultant interest following these transactions is now 9,478,940 Ordinary Shares, representing 3.62 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 transaction on 14 August 2018.

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 [phone] Turner Pope Investments (TPI) Ltd Joint-Broker Ben Turner / James Pope Beaufort Securities Joint-Broker Elliot Hance IFC Advisory Ltd Graham Herring Tim Metcalfe Miles Nolan [phone] [phone] [phone] 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): 115,000 Ordinary Shares at 4.35 pence per Ordinary Share 120,000 Ordinary Shares at 4.15 pence per Ordinary Share d) Aggregated information  - Aggregated volume - Price As stated above e) Date of the transactions  14 August 2018 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/

 

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