Director/PDMR Shareholding

RNS Number : 7765A

Falanx Group Limited

31 May 2019

 

31 May 2019

Falanx Group Limited

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

 Director/PDMR Shareholding

Falanx Group (AIM:FLX), the global intelligence, security and cyber defence provider, announces that on 29 May 2019, Mike Read, CEO and Chairman, acquired 136,000 ordinary shares at a price of 2.1 pence per share and on 31 May 2019 a further 114,000 ordinary shares at a price per share of 2.1145, for a total of 250,000 ordinary shares. Mr Read's resultant interest following these transactions is now 10,653,940 Ordinary Shares, representing 2.7 per cent of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and person closely associated with them

1		Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Mike Read
2		Reason for the notification
a)	Position/status			Chief Executive Officer
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
	Identification code			ISIN: VGG3338A1075
b)	Nature of the transaction			Acquisition of Ordinary Shares in Falanx Group
c) Price(s) and volume(s)
					Price(s)	Volume(s)	Date
					2.1 pence per share	136,000	29 May 2019
					2.1145 pence per share	114,000	31 May 2019
d)	Aggregated information
	- Aggregated volume			250,000
	- Price			As stated above
e)	Date of the transaction			29 May 2019 / 31 May 2019
f)	Place of the transaction			London Stock Exchange, AIM Market (XLON)

Enquiries:

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

 

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