2 Jan 2020 15:21
2 January 2020
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FALANX GROUP LIMITED
(the "Company")
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PDMR dealing
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Falanx Group Limited (AIM: FLX), the global cyber security and intelligence services provider, announces that Mike Read, CEO, has today acquired 400,000 ordinary shares in the Company at 1.218 pence per share.
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Following this acquisition, Mike Read is now interested in 11,453,940 ordinary shares in the Company representing 2.86% of the current issued share capital.
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Enquiries:
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Falanx Group Limited Alex Hambro Chairman Mike Read CEO Ian Selby CFO Â | Via IFC |
Stifel Nicolaus Europe Limited, Nomad and Joint Broker Fred Walsh / Alex Price / Neil Shah  | + 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) 203 934 663 |
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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 Â | Reason for the notification | |
a)  | Position/status  | CEO |
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) Â | LEI | Â 213800YO4F9CUQLALV19 |
4 Â | 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 of nil par value |
b) | Identification code  | VGG3338A1075 |
c)  | Nature of the transaction  | Purchase of Ordinary Shares |
d) Â | Price(s) and volume(s) | Volume(s): 400,000 Ordinary Shares Price: 1.218 pence per Ordinary Share |
d)  | Aggregated information - Aggregated volume - Price | N/A  |
e)  | Date of the transactions | 2 January 2020 |
f) Â | Place of the transaction | London Stock Exchange |
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