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FCS Falanx Cyber Security Limited

20.80
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Falanx Cyber Security Limited LSE:FCS London Ordinary Share VGG3338A1158 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 4.57M 1.49M 0.0028 134.82 198.72M

Falanx Cyber Security Limited Grant of Options (6517K)

22/12/2022 3:30pm

UK Regulatory


Falanx Cyber Security (LSE:FCS)
Historical Stock Chart


From Apr 2022 to Apr 2024

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TIDMFCS

RNS Number : 6517K

Falanx Cyber Security Limited

22 December 2022

22 December 2022

Falanx Cyber Security Limited

("Falanx" or the "Company")

Grant of Options

Falanx Cyber Security Limited (AIM: FCS), the global cyber security provider, announces that it has today awarded a total of 248,000 options (the "New Options") over ordinary shares of nil par value each in the Company ("Ordinary Shares") under the Company's existing Enterprise Management Incentive Scheme ("EMI Scheme"). A total of 188,000 New Options have been awarded to the following directors:

 
 Director      Number of      Total number         Total number        Total number   Total number 
                New Options    of options           of options          of options     of options 
                Granted        over the Ordinary    as a percentage     over the       as a percentage 
                               Shares as            of the Company's    Ordinary       of the 
                               adjusted by          issued share        Shares         Company's 
                               the share            capital             (Including     issued 
                               reorganisation       (Excluding          options        share capital 
                               (Excluding           options awarded     awarded        (Including 
                               options awarded      in lieu of          in lieu        options 
                               in lieu of           salaries            of salaries    awarded 
                               salaries during      during Covid-19)    during         in lieu 
                               Covid-19)                                Covid-19)      of salaries 
                                                                                       during 
                                                                                       Covid-19) 
 Michael 
  Read         50,000         100,000              1.9%                166,000        3.2% 
              -------------  -------------------  ------------------  -------------  ----------------- 
 Ian Selby     50,000         100,000              1.9%                125,200        2.4% 
              -------------  -------------------  ------------------  -------------  ----------------- 
 Rick Flood    50,000         100,000              1.9%                149,992        2.8% 
              -------------  -------------------  ------------------  -------------  ----------------- 
 Emma Shaw     16,000         16,000               0.3%                23,992         0.5% 
              -------------  -------------------  ------------------  -------------  ----------------- 
 William 
  Kilmer       22,000         22,000               0.4%                22,000         0.4% 
              -------------  -------------------  ------------------  -------------  ----------------- 
 

The New Options have an exercise price of 50 pence per Ordinary Share (the "Exercise Price"), being the closing mid-market price on 21 December 2022, and will vest:

-- as to 81,840 New Options (representing 33% of the total Options), provided that the average share price of the Company exceeds 75 pence (50% share price growth over the Exercise Price) for a period of 10 business days;

-- as to 81,840 New Options (representing 33% of the total Options), provided that the average share price of the Company exceeds 100 pence (100% share price growth over the Exercise Price) for a period of 10 business days; and

-- as to the balance of 84,320 New Options (representing 34% of the total Options), provided that the average share price of the Company exceeds 125 pence (150% growth over the Exercise Price) for a period of 10 business days.

Once vested the New Options are exercisable between 1 January 2023 and 21 December 2032, subject to accelerated vesting and exercise in certain customary scenarios.

Enquiries:

 
 Falanx Cyber Security Limited       Via IFC 
  Alex Hambro Chairman 
  Mike Read CEO 
  Ian Selby CFO 
 WH Ireland 
  Mike Coe/ Sarah Mather (Nomad) 
  Joanna Hunt (Corporate Broking)    + 44 (0) 207 220 1666 
 IFC Advisory Ltd 
  Financial PR & IR 
  Graham Herring / Zach Cohen        +44 (0) 203 934 6630 
 
 
  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 Cyber Security 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           VGG3338A1158 
       code 
     -----------------------  --------------------------------------- 
 c)   Nature of the            Grant of options over Ordinary Shares 
       transaction 
     -----------------------  --------------------------------------- 
 d)   Price(s) and             Volume(s): 
       volume(s)                50,000 Ordinary Shares 
                                Price: 50 pence per Ordinary Share 
     -----------------------  --------------------------------------- 
 d)   Aggregated               N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              22 December 2022 
       transactions 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                    Ian Selby 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          CFO 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ---------------------------------------------------------------- 
 a)   Name                     Falanx Cyber Security 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           VGG3338A1158 
       code 
     -----------------------  --------------------------------------- 
 c)   Nature of the            Grant of options over Ordinary Shares 
       transaction 
     -----------------------  --------------------------------------- 
 d)   Price(s) and             Volume(s): 
       volume(s)                50,000 Ordinary Shares 
                                Price: 50 pence per Ordinary Share 
     -----------------------  --------------------------------------- 
 d)   Aggregated               N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              22 December 2022 
       transactions 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                    Richard Andrew Flood 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          Executive Director 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ---------------------------------------------------------------- 
 a)   Name                     Falanx Cyber Security 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           VGG3338A1158 
       code 
     -----------------------  --------------------------------------- 
 c)   Nature of the            Grant of options over Ordinary Shares 
       transaction 
     -----------------------  --------------------------------------- 
 d)   Price(s) and             Volume(s): 
       volume(s)                50,000 Ordinary Shares 
                                Price: 50 pence per Ordinary Share 
     -----------------------  --------------------------------------- 
 d)   Aggregated               N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              22 December 2022 
       transactions 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                    Emma Shaw 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          NED 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ---------------------------------------------------------------- 
 a)   Name                     Falanx Cyber Security 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           VGG3338A1158 
       code 
     -----------------------  --------------------------------------- 
 c)   Nature of the            Grant of options over Ordinary Shares 
       transaction 
     -----------------------  --------------------------------------- 
 d)   Price(s) and             Volume(s): 
       volume(s)                16,000 Ordinary Shares 
                                Price: 50 pence per Ordinary Share 
     -----------------------  --------------------------------------- 
 d)   Aggregated               N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              22 December 2022 
       transactions 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                    William Kilmer 
     -----------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status          NED 
     -----------------------  --------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ---------------------------------------------------------------- 
 a)   Name                     Falanx Cyber Security 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           VGG3338A1158 
       code 
     -----------------------  --------------------------------------- 
 c)   Nature of the            Grant of options over Ordinary Shares 
       transaction 
     -----------------------  --------------------------------------- 
 d)   Price(s) and             Volume(s): 
       volume(s)                22,000 Ordinary Shares 
                                Price: 50 pence per Ordinary Share 
     -----------------------  --------------------------------------- 
 d)   Aggregated               N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------------  --------------------------------------- 
 e)   Date of the              22 December 2022 
       transactions 
     -----------------------  --------------------------------------- 
 f)   Place of the             Outside a trading venue 
       transaction 
     -----------------------  --------------------------------------- 
 

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END

DSHFELFFEEESEDE

(END) Dow Jones Newswires

December 22, 2022 10:30 ET (15:30 GMT)

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