Falanx Group Limited Director/PDMR Shareholding (7692W)

TIDMFLX

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               www.falanx.com 
   Stuart Bladen, Chief Executive 
   Officer 
 ---------------------------------  ---------------------- 
 
   SPARK Advisory Partners 
   Limited 
   Nominated Adviser 
   Matt Davis / James Keeshan        [phone] 
 
  Turner Pope Investments 
   (TPI) Ltd 
   Joint-Broker 
   Ben Turner / James Pope 
                                     [phone] 
   Beaufort Securities 
   Joint-Broker 
   Elliot Hance 
                                      [phone] 
   IFC Advisory Ltd 
   Graham Herring 
   Tim Metcalfe 
   Miles Nolan                        [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   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            Ordinary Shares of no par value 
        of the financial 
        instrument, 
        type of instrument 
 ---  ---------------------  ---------------------------------------- 
  b)   Identification         VGG3338A1075 
        code 
 ---  ---------------------  ---------------------------------------- 
  c)   Nature of the          Purchase of Ordinary Shares 
        transaction 
 ---  ---------------------  ---------------------------------------- 
  d)   Price(s) and           Volume(s): 
        volume(s)              350,000 Ordinary Shares 
                               Price: 5.2p pence per Ordinary 
                               Share 
 ---  ---------------------  ---------------------------------------- 
  d)   Aggregated             As stated above 
        information 
        - Aggregated 
        volume 
        - Price 
 ---  ---------------------  ---------------------------------------- 
  e)   Date of the            16 November 2017 
        transactions 
 ---  ---------------------  ---------------------------------------- 
  f)   Place of the           London Stock Exchange, AIM Market 
        transaction            (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 company news service from the London Stock Exchange

END

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November 17, 2017 02:01 ET (07:01 GMT)