Director/PDMR Shareholding

RNS Number : 8721Y

Falanx Group Limited

19 January 2022

 

19 January 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 444,247 ordinary shares in the Company at 1.05 pence per share. Similarly, Ian Selby, CFO, acquired 500,000 ordinary shares in the Company today at 1.09 pence per share.

Following this acquisition, Mike Read and Ian Selby are now interested in 16,258,187 and 2,719,348 ordinary shares in the Company respectively representing 3.09% and 0.52% 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	[phone]

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): 444,247 Ordinary Shares Price:  1.05  pence per Ordinary Share
d)	Aggregated information  - Aggregated volume - Price	444,247 £4,664.59
e)	Date of the transactions	18 January 2022
f)	Place of the transaction	Off-Market

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): 500,000 Ordinary Shares Price:  1.09  pence per Ordinary Share
d)	Aggregated information  - Aggregated volume - Price	500,000 £5,450
e)	Date of the transactions	18 January 2022
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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