23 Dec 2015 15:15
23 December 2015
FALANX GROUP LIMITED
("Falanx" or "the Company")
Reduction of Karl Barclay's Interest in the Share Capital of the Company
Falanx Group Limited was notified on 21 December 2015 that Karl Barclay's interest in the issued ordinary share capital of the company has reduced from 5,765,500 ordinary shares to 3,583,000 ordinary shares representing 5.04 per cent. of the issued share capital of the Company. Karl Barclay was a Director of Dounreay Management Services Limited, a trust which owned 2,182,500 ordinary shares representing 3.07 per cent. of the issued share capital of the Company, from which he resigned on 1 September 2015. The reduction in Karl Barclay's shareholding in the Company is as a result of the transfer of the 2,182,500 shares to the beneficiaries of the trust prior to his resignation. Karl Barclay does not have and has not at any time held a beneficial interest in the 2,182,500 ordinary shares held by Dounreay Management Services Ltd.
Enquiries:
Falanx Group Limited John Blamire, Chief Executive www.falanxgroup.com www.falanxassuria.com | + 44 (0) 20 7856 9457
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Panmure Gordon (UK) Limited Nominated Adviser & Broker | +44 (0) 207 886 2500 |
Mark Taylor |
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Redleaf Communications Charlie Geller Susie Hudson
| +44 (0) 20 7382 4730 falanx@redleafpr.com |
Notes to Editors:
About Falanx Group
§ Falanx Group Limited is a global intelligence, security and cyber defence provider working with blue chip and government clients.
§ The Group has three business divisions:
- Falanx Intelligence: Political & Security Risk and Business Intelligence services
- Falanx Resilience: Security Consultancy, Crisis Management and asset and facility security
- Falanx Cyber: Comprehensive cloud-based cyber security services
§ The Group listed on AIM in June 2013 under ticker FLX.
§ For more information: http://www.falanxgroup.com/