Falanx Group Limited Director/PDMR Shareholding (3024L)
December 21 2018 - 7:45AM
UK Regulatory
TIDMFLX
RNS Number : 3024L
Falanx Group Limited
21 December 2018
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Falanx Group Limited
("Falanx" or "the Company")
Director / PDMR Shareholding
Falanx Group (AIM:FLX), the global intelligence, security and
cyber defence provider, announces that on 19 December 2018, Mike
Read, CEO and Non-Executive Chairman, acquired 350,000 ordinary
shares ("Ordinary Shares") at a price of 2.94 pence per share. Mr
Read also acquired 175,000 ordinary shares at a price of 2.90 pence
per share yesterday. Mr Read's resultant interest following these
transactions is now 10,003,940 Ordinary Shares, representing 2.5
per cent of the Company's issued share capital.
The below notification, made in accordance with the requirements
of the EU Market Abuse Regulation, gives further details of the
transactions on 19 and 20 December 2018 respectively.
Enquiries:
Falanx Group Limited www.falanx.com
Mike Read, Chairman and Chief
Executive Officer
John Blamire, COO
Ian Selby, CFO
SPARK Advisory Partners Limited
Nominated Adviser
Matt Davis / James Keeshan +44 (0) 203 368 3551
Turner Pope Investments (TPI)
Ltd
Broker
Ben Turner / James Pope
+44 (0) 203 621 4120
IFC Advisory Ltd
Graham Herring
Tim Metcalfe
Miles Nolan +44 (0) 203 053 8671
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 Mike Read, Chairman and Chief Executive
Officer
--------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status See 1(a) above
--------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- ------------------------------------------
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 Ordinary Shares
the financial instrument,
type of instrument
--------------------------- ------------------------------------------
b) Identification VGG3338A1075
code
--------------------------- ------------------------------------------
c) Nature of the transaction Purchase of Ordinary Shares
--------------------------- ------------------------------------------
d) Price(s) and volume(s) Volume(s):
350,000 Ordinary Shares at 2.94 pence
per Ordinary Share
175,000 Ordinary Shares at 2.9 pence per
Ordinary Share
--------------------------- ------------------------------------------
d) Aggregated information As stated above
- Aggregated volume
- Price
--------------------------- ------------------------------------------
e) Date of the transactions 19 and 20 December 2018 respectively
--------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
--------------------------- ------------------------------------------
Notes to Editors
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/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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