Falanx Group Limited Statement regarding Broker (5512G)

TIDMFLX

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           www.falanx.com 
  Mike Read, Chairman and 
  CEO 
-----------------------------  ---------------------- 
 SPARK Advisory Partners 
  Limited 
  Nominated Adviser 
  Matt Davis / James Keeshan    +44 (0) 203 368 3551 
 
 Turner Pope Investments 
  (TPI) Ltd 
  Broker 
  Andy Thacker 
                                +44 (0) 203 621 4120 
  IFC Advisory Ltd 
  Financial PR & IR 
  Graham Herring 
  Miles Nolan                    +44 (0) 203 934 6630

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 02, 2018 06:57 ET (11:57 GMT)

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