Director/PDMR Shareholding

RNS Number : 3199B
Falanx Group Limited
10 February 2022
 

10 February 2022

FALANX GROUP LIMITED

(the "Company")

 

PDMR dealing

 

Falanx Group Limited (AIM: FLX), the AIM listed cyber security business, announces that today Mike Read, CEO, acquired 1,000,000 ordinary shares in the Company at 0.945 pence per share. Similarly, Ian Selby, CFO, acquired 600,000 ordinary shares in the Company today at 0.96 pence per share.

Following this acquisition, Mike Read and Ian Selby are now interested in 17,258,187 and 3,859,894 ordinary shares in the Company respectively representing 3.28% and 0.73% of the current issued share capital respectively.

Enquiries:

 

Falanx Group Limited

Alex Hambro Chairman

Mike Read CEO

Ian Selby CFO

 

Via IFC

Stifel Nicolaus Europe Limited, Nomad and Broker

Alex Price / Fred Walsh

 

+ 44 (0) 207 710 7600



IFC Advisory Ltd

Financial PR & IR

Graham Herring

+44 (0) 203 934 663

 

About Falanx

Falanx Group Limited, is AIM listed cyber security business. 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 

Mike 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):

1,000,000 Ordinary Shares

Price:  0.945 pence per Ordinary Share

d)

 

Aggregated information 

- Aggregated volume

- Price

 

 

1,000,000

£9,450 

e)

 

Date of the transactions 

10 February 2022

f)

 

Place of the transaction

AIM

 

 

   1

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

 

Names 

Ian Selby

2

 

Reason for the notification

a)

 

Position/status

 

CFO

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):

600,000 Ordinary Shares

Price: 0.96   pence per Ordinary Share

d)

 

Aggregated information 

- Aggregated volume

- Price

 

 

600,000

£5,760

e)

 

Date of the transactions 

10 February 2022

f)

 

Place of the transaction

AIM

 

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