20 Jul 2017 13:31
RNS Number : 6583L
Falanx Group Limited
20 July 2017
Falanx Group Limited
("Falanx" or "the Company")
Director / PDMR Shareholding
Falanx Group (AIM:FLX), the global intelligence, security and cyber defence provider, announces that on 20 July 2017, Mike Read, Non-Executive Chairman, acquired 250,000 ordinary shares of no par value ("Ordinary Shares") at a price of 6.1p pence in the capital of the Company. Mr Read's resultant interest following this transaction is now 2,227,273 Ordinary Shares, representing 1.42 per cent of the Company's issued share capital.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details of the transaction on 20 July 2017.
Enquiries:
Falanx Group Limited Stuart Bladen, Chief Executive Officer | www.falanx.com | SPARK Advisory Partners Limited Nominated Adviser Matt Davis / James Keeshan | +44 (0) 203 368 3551 | Whitman Howard Limited Joint- Broker Nick Lovering / Francis North | +44 (0) 207 659 1234 |
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| Turner Pope Investments (TPI) Ltd Joint-Broker Ben Turner / James Pope IFC Advisory Ltd Graham Herring Tim Metcalfe Miles Nolan | +44 (0) 203 621 4120 +44 (0) 203 053 8671 |
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 | Mike Read, Non-Executive Chairman | 2 | Reason for the notification | a) | Position/status | See 1(a) above | 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 | | 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 of no par value | b) | Identification code | VGG3338A1075 | c) | Nature of the transaction | Purchase of Ordinary Shares | d) | Price(s) and volume(s) | Volume(s): 250,000 Ordinary Shares Price: 6.1p pence per Ordinary Share | d) | Aggregated information - Aggregated volume - Price | N/A | e) | Date of the transactions | 20 July 2017 | f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
Notes to Editors Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. The Group listed on AIM in June 2013 under ticker FLX. For more information: http://www.falanxgroup.com/ |
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