24 Sep 2019 11:37
24 September 2019
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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 1.789 pence per share.
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Following this acquisition, Mike Read is now interested in 11,053,940 ordinary shares in the Company representing 2.76% 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 Β | Via IFC |
Stifel Nicolaus Europe Limited, Nomad and Joint Broker Fred Walsh / Alex Price / Neil Shah Β | + 44 (0) 207 710 7600 |
Turner Pope International Limited, Joint Broker James Pope / Ben Turner Β | +44 (0) 203 621 4120 Β |
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.
Β Β 1 Β | Details of the person discharging managerial responsibilities / person closely associatedΒ | |
a) Β | NamesΒ | Michael David Read |
2 Β | Reason for the notification | |
a) Β | Position/status Β | CEO |
b) Β | Initial notification /Amendment Β | Initial notification |
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorΒ | |
a) Β | Name Β | Falanx Group Limited |
b) Β | LEI | Β 213800YO4F9CUQLALV19 |
4 Β | 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) Β | Description of the financial instrument, type of instrument Β | Ordinary Shares of nil par value |
b) | Identification codeΒ Β | VGG3338A1075 |
c) Β | Nature of the transactionΒ Β | Purchase of Ordinary Shares |
d) Β | Price(s) and volume(s) | Volume(s): 400,000 Ordinary Shares Price: 1.789 pence per Ordinary Share |
d) Β | Aggregated informationΒ - Aggregated volume - Price | N/A Β |
e) Β | Date of the transactionsΒ | 24 September 2019 |
f) Β | Place of the transaction | London Stock Exchange |
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