Appointment of Non-Executive Chairman

RNS Number : 7223N
Falanx Group Limited
02 February 2016
 

2 February, 2016

 

FALANX GROUP LIMITED

("Falanx" or "the Company")

 

Falanx Group appoints Mike Read as Non-Executive Chairman

 

Falanx Group Limited, a cyber defence, business intelligence and risk solutions provider working with blue chip and government clients, is pleased to announce the appointment of Mike Read as Non-Executive Chairman.  Mr Read will join the Board of Falanx Group with immediate effect.

 

Mike has over 30 years experience in the global Telecommunications, Media and Technology (TMT) sector and has been a director of eight public companies. He has held numerous 'C' level roles in the UK and USA, including, CEO of Pipex Communications, Executive Director at Daisy Group Plc, Non-Executive Director at Nasstar Plc, and Non-Executive Chairman at IntY Ltd. Mike has significant experience helping to build international technology companies, having been involved on over 50 M&A transactions.

 

As announced on 6 November 2015, Karl Barclay, Executive Chairman of Falanx Group, steps down leaving the Board with immediate effect.

 

Mike Read, Non-Executive Chairman of Falanx Group commented:

 

"I am very much looking forward to working with John and the Falanx Group team. This is a vibrant and ambitious company operating in the extremely exciting cyber security industry. Having enjoyed a long and successful career, I recognised a great opportunity to return to pro-active management and assist in the growth of Falanx Group."

 

John Blamire, CEO of Falanx Group commented:

 

"We warmly welcome Mike, who has a very impressive track record in creating shareholder value and successfully leading rapidly developing businesses. I'm delighted to have the opportunity to work alongside such an accomplished business leader. Mike's background fits very well with our growth strategy to develop Falanx Group into one of the UK's leading cyber security companies. His extensive experience in building companies in exciting, emerging sectors will be an invaluable asset in driving our business forward. We also say many thanks to Karl Barclay who has served the Falanx Board tirelessly in his role as Chairman.

 

Save for the information below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Mike Read, who is aged 68.

 

Current directorships

Past directorships:

IntY Limited

BNS Mobile Limited

Nasstar PLC

Clevercoms Limited

NZKL Limited

Cloudified Limited

The Secret Footballer

Daisy Group Plc

 

Faultbasic Limited

 

Freedom4 Limited

 

Freedom4 Access Limited

 

MDR Business Solutions Limited

 

Thrive Telecom Limited

 

Xrio Limited

 

Mike Read was a director of Xrio Limited, which entered into a voluntary creditor's liquidation on 10 March 2014.  The estimated deficiency as regards members at 10 March 2014 was £247,769.66.

 

Enquiries:

 

Falanx Group Limited

John Blamire, Chief Executive

www.falanxgroup.com

www.falanxassuria.com

+ 44 (0) 20 7856 9457

 

 

 

Panmure Gordon (UK) Limited

Nominated Adviser & Broker

+44 (0) 207 886 2500

Mark Taylor

 

 

 

Redleaf Communications

Charlie Geller

Susie Hudson

+44 (0) 20 7382 4730 

falanx@redleafpr.com 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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