31 May 2019 11:39
31 May 2019
Falanx Group Limited
("Falanx Group" or the "Group" or the "Company")
Director/PDMR Shareholding
Falanx Group (AIM:FLX), the global intelligence, security and cyber defence provider, announces that on 29 May 2019, Mike Read, CEO and Chairman, acquired 136,000 ordinary shares at a price of 2.1 pence per share and on 31 May 2019 a further 114,000 ordinary shares at a price per share of 2.1145, for a total of 250,000 ordinary shares. Mr Read's resultant interest following these transactions is now 10,653,940 Ordinary Shares, representing 2.7 per cent of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and person closely associated with them
1 |
| Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name |
| Mike Read | |||||
2 |
| Reason for the notification | ||||||
a) | Position/status |
| Chief Executive Officer | |||||
b) | Initial notification /Amendment |
| Initial notification | |||||
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 the financial instrument, type of instrument | Ordinary Shares | ||||||
Identification code |
| ISIN: VGG3338A1075 | ||||||
b) | Nature of the transaction |
| Acquisition of Ordinary Shares in Falanx Group | |||||
c) Price(s) and volume(s) |
|
|
|
|
| |||
| Price(s) | Volume(s) | Date |
| ||||
| 2.1 pence per share | 136,000 | 29 May 2019 |
| ||||
| 2.1145 pence per share | 114,000 | 31 May 2019 |
| ||||
d)
| Aggregated information |
|
| |||||
- Aggregated volume |
| 250,000 | ||||||
- Price |
| As stated above | ||||||
e) | Date of the transaction |
| 29 May 2019 / 31 May 2019 | |||||
f) | Place of the transaction |
| London Stock Exchange, AIM Market (XLON) | |||||
Enquiries:
Falanx Group Limited Alex Hambro Chairman Mike Read CEO Ian Selby CFO
| Via IFC |
Stifel Nicolaus Europe Limited, Nomad and Joint Broker Fred Walsh / Alex Price / Neil Shah / Luisa Baroni
| + 44 (0) 207 710 7600 |
Turner Pope International Limited, Joint Broker James Pope / Ben Turner
| +44 (0) 203 621 4120
|
IFC Advisory Ltd Financial PR & IR Graham Herring / Miles Nolan / Zach Cohen | +44 (0) 203 934 6630 |