Issue of Equity and TVR

RNS Number : 2142U

Falanx Group Limited

01 April 2021

 

1 April 2021 

FALANX GROUP LIMITED

("Falanx", the "Group" or the "Company")

Issue of Equity and TVR

Falanx Group Limited (AIM: FLX), the AIM listed provider of cyber security and strategic intelligence services, announces that, on 31 March 2021, 600,000 options over Depositary Interests in respect of ordinary shares of nil par value (the "Ordinary Shares") in the share capital of the Company were exercised by certain non PDMR option holders of the Company.

Application has been made to the London Stock Exchange for the 600,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on or around 9 April 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 526,001,185. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 526,001,185. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Falanx Group Limited Alex Hambro Chairman Mike Read CEO Ian Selby CFO	Via IFC
Stifel Nicolaus Europe Limited, Nomad and Joint Broker Alex Price / Fred Walsh / Luisa Orsini Baroni	+ 44 (0) 207 710 7600
IFC Advisory Ltd, Financial PR & IR Graham Herring / Zach Cohen	[phone]

About Falanx

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

 

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