Falanx Group Limited Director / PDMR Shareholding (3598Q)

TIDMFLX

RNS Number : 3598Q

Falanx Group Limited

18 February 2019

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 15 February 2019, Mike Read, CEO and Chairman, acquired 400,000 ordinary shares ("Ordinary Shares") at a price of 2.45 pence per share. Mr Read's resultant interest following these transactions is now 10,403,940 Ordinary Shares, representing 2.6 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 15 February 2019.

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          [phone] 
 
  Turner Pope Investments (TPI) 
   Ltd 
   Broker 
   Ben Turner / James Pope 
                                      [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, 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): 
                                     400,000 Ordinary Shares at 2.45 pence 
                                     per Ordinary Share 
      ---------------------------  ----------------------------------------- 
  d)   Aggregated information       As stated above 
        - Aggregated volume 
        - Price 
      ---------------------------  ----------------------------------------- 
  e)   Date of the transactions     15 February 2019 
      ---------------------------  ----------------------------------------- 
  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 [e-mail] or visit www.rns.com.

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February 18, 2019 05:18 ET (10:18 GMT)