Statement regarding Broker

RNS Number : 5512G

Falanx Group Limited

02 March 2018

 

2 March 2018

Falanx Group Limited

("Falanx" or "the Company")

Statement re Joint broker

The Company notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.

BSL is a joint broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules").  As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules. 

Turner Pope will become sole broker with immediate effect.

Enquiries:

Falanx Group Limited Mike Read, Chairman and CEO	www.falanx.com
SPARK Advisory Partners Limited Nominated Adviser Matt Davis / James Keeshan	[phone]
Turner Pope Investments (TPI) Ltd Broker Andy Thacker IFC Advisory Ltd Financial PR & IR Graham Herring Miles Nolan	[phone] [phone]

About Falanx

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/

MAR

This announcement contains inside information for purposes of Article 7 of Regulation (EU) No 596/2014

 

END

 

 

APPBBGDXLUGBGID