Falanx Group Limited Director/PDMR Shareholding (8581W)

TIDMFLX

RNS Number : 8581W

Falanx Group Limited

21 August 2020

21 August 2020

FALANX GROUP LIMITED

(the "Company")

PDMR dealing

Falanx Group Limited (AIM: FLX), the global cyber security and intelligence services provider, announces that Mike Read, CEO, has yesterday acquired 360,000 ordinary shares in the Company at 1.4 pence per share.

Following this acquisition, Mike Read is now interested in 11,813,940 ordinary shares in the Company representing 2.95% of the current issued share capital.

Enquiries:

 
 Falanx Group Limited                  Via IFC 
  Alex Hambro Chairman 
  Mike Read CEO 
  Ian Selby CFO 
 Stifel Nicolaus Europe Limited, 
  Nomad and Joint Broker 
  Fred Walsh / Alex Price              + 44 (0) 207 710 7600 
 Turner Pope International Limited, 
  Joint Broker 
  James Pope / Ben Turner              [phone] 
 IFC Advisory Ltd 
  Financial PR & IR 
  Graham Herring / Miles Nolan / 
  Zach Cohen                           [phone] 
 

About Falanx

Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. For more information: http://www.falanx.com/

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                      Michael David Read 
     -------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status            CEO 
     -------------------------  ---------------------------------------- 
 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 nil 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)                  360,000 Ordinary Shares 
                                  Price: 1.4 pence per Ordinary Share 
     -------------------------  ---------------------------------------- 
 d)   Aggregated information     N/A 
       - Aggregated 
       volume 
       - Price 
     -------------------------  ---------------------------------------- 
 e)   Date of the                20 August 2020 
       transactions 
     -------------------------  ---------------------------------------- 
 f)   Place of the               London Stock Exchange 
       transaction 
     -------------------------  ---------------------------------------- 
 

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.

END

DSHBBGDISBDDGGB

(END) Dow Jones Newswires

August 21, 2020 07:16 ET (11:16 GMT)