Director/PDMR Shareholding

RNS Number : 5997Y

Falanx Group Limited

02 January 2020

 

2 January 2020

FALANX GROUP LIMITED

(the "Company")

PDMR dealing

Falanx Group Limited (AIM: FLX), the global cyber security and intelligence services provider, announces that Mike Read, CEO, has today acquired 400,000 ordinary shares in the Company at 1.218 pence per share.

Following this acquisition, Mike Read is now interested in 11,453,940 ordinary shares in the Company representing 2.86% of the current issued share capital.

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	+ 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]

About Falanx

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Michael David Read
2	Reason for the notification
a)	Position/status	CEO
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 of nil par value
b)	Identification code	VGG3338A1075
c)	Nature of the transaction	Purchase of Ordinary Shares
d)	Price(s) and volume(s)	Volume(s): 400,000 Ordinary Shares Price: 1.218 pence per Ordinary Share
d)	Aggregated information  - Aggregated volume - Price	N/A
e)	Date of the transactions	2 January 2020
f)	Place of the transaction	London Stock Exchange

 

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