Director/PDMR Shareholding

RNS Number : 7692W

Falanx Group Limited

17 November 2017

 

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 16 November 2017, Mike Read, Acting CEO and Non-Executive Chairman, acquired 350,000 ordinary shares of no par value ("Ordinary Shares") at a price of 5.2p pence in the capital of the Company. Mr Read's resultant interest following this transaction is now 2,577,273 Ordinary Shares, representing 1.64 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 transaction on 16 November 2017.

Enquiries:

Falanx Group Limited Stuart Bladen, Chief Executive Officer www.falanx.com SPARK Advisory Partners Limited Nominated Adviser Matt Davis / James Keeshan [phone] Turner Pope Investments (TPI) Ltd Joint-Broker Ben Turner / James Pope Beaufort Securities Joint-Broker Elliot Hance IFC Advisory Ltd Graham Herring Tim Metcalfe Miles Nolan [phone] [phone] [phone] 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, Acting CEO and Non-Executive Chairman 2 Reason for the notification a) Position/status See 1(a) above 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 no par value b) Identification code  VGG3338A1075 c) Nature of the transaction  Purchase of Ordinary Shares d) Price(s) and volume(s) Volume(s): 350,000 Ordinary Shares Price: 5.2p pence per Ordinary Share d) Aggregated information  - Aggregated volume - Price As stated above e) Date of the transactions  16 November 2017 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/

 

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