Result of General Meeting

Falanx Cyber Security Limited

27 November 2023

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

FALANX CYBER SECURITY LIMITED

("Falanx" or the "Company")

Result of General Meeting

Falanx Cyber Security Limited (AIM: FCS), announces that the Resolutions put to Shareholders at the General Meeting held earlier today in connection with the disposal of its Cyber Security Division, were duly passed. The proxy results are set out below:

Resolution	For		Against		Withheld
	Shares	Percentage of votes cast	Shares	Percentage of votes cast	Shares
Disposal of Subsidiary	1,851,982	98.99	18,920	1.01	3,080
Change of Company name	1,799,182	98.81	21,720	1.19	53,080
Amendment of Articles	1,799,182	98.81	21,720	1.19	53,080

Accordingly, the disposal of Falanx Cyber Defence Limited ("FCD") and Falanx Cyber Technologies Limited ("FCT") is expected to complete in accordance with its terms in early December 2023.

Change of UK Registered Address

With effect from Completion, expected to occur in early December 2023, the Company's UK registered address will change from The Blade, Abbey Square, Reading, RG1 3BE, United Kingdom to Blake Morgan LLP, Apex Plaza, Forbury Rd, Reading RG1 1AX, United Kingdom. The Group's BVI address remains unchanged at PO Box 173, MAPLES CORPORATE SERVICES (BVI) LTD, Kingston Chambers Road Town, Tortola, Virgin Islands, British.

Change of name

The Company's name will be changed to "Cloudified Holdings Limited" once the BVI Registrar of Corporate Affairs has issued a certificate of change of name (the "Effective Date"). This is expected to occur in early December 2023. It is further noted that, in accordance with section 23(2) of the BVI Business Companies Act (As Revised), the Articles are deemed to be amended to state the Change of Name with effect from the Effective Date. The tradeable instrument display mnemonic ("TIDM") of the Company is expected to change to "CHL" and will become effective in early December 2023.  

New share certificates will not be issued under the new name of the Company until and unless a reserve takeover is undertaken.

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 9 November 2023 copies of which are available on the Company's website at https://falanxcyber.com. Capitalised terms in this announcement have the same meaning as given in the Circular.

Enquiries:

Falanx Cyber Security Limited Alex Hambro Chairman Mike Read CEO Ian Selby CFO	Via IFC
WH Ireland Mike Coe/ Sarah Mather (Nomad) Fraser Marshall (Corporate Broking)	+ 44 (0) 207 220 1666
IFC Advisory Ltd Financial PR & IR Graham Herring / Zach Cohen	[phone]

 

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