FLX Falanx Group Limited

TIDMFLX

RNS Number : 7718Q

Falanx Group Limited

29 October 2021

29 October 2021

FALANX GROUP LIMITED

("Falanx", the "Group" or the "Company")

Exercise of Options and TVR

PDMR dealing

Falanx Group Ltd, the AIM listed cyber security company, announces that it has issued and allotted 120,000 ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") following an exercise of options on 25 October 2021 under the Company's EMI Share Option Scheme by certain option holders. The exercise price was 1 pence per Ordinary Share.

Application has been made to the London Stock Exchange for the 120,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on or around 4 November 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 526,421,185. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 526,421,185. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

PDMR dealing

Falanx also announces that it has been notified that Alex Hambro, Chair, acquired 270,000 ordinary shares in the Company.

Following this acquisition, Alex Hambro is now interested in 3,370,000 ordinary shares in the Company representing 0.64% of the issued share capital as enlarged by the unconnected exercise of options above.

Enquiries:

 
 Falanx Group Limited                         Via IFC 
  Alex Hambro, Chairman 
  Mike Read, CEO 
  Ian Selby, CFO 
 Stifel Nicolaus Europe Limited, Nomad and 
  Broker 
  Alex Price / Fred Walsh                     +44 (0) 207 710 7600 
 
   IFC Advisory Ltd, Financial PR & IR 
   Graham Herring / Zach Cohen                  +44 (0) 203 934 6630 
 

About Falanx

Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. For more information: https://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                     Alex Hambro 
     ------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status           Chair 
     ------------------------  ----------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
     ------------------------  ----------------------------------------- 
 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               Ordinary Shares of nil par value 
       of the financial 
       instrument, 
       type of instrument 
     ------------------------  ----------------------------------------- 
 b)   Identification            VGG3338A1075 
       code 
     ------------------------  ----------------------------------------- 
 c)   Nature of the             Purchase of Ordinary Shares 
       transaction 
     ------------------------  ----------------------------------------- 
 d)   Price(s) and              Volume(s): 
       volume(s)                 120,000 Ordinary Shares @ 1.4 pence per 
                                 Ordinary Share 
                                 150,000 Ordinary Shares @ 1.38 pence 
                                 per Ordinary Share 
     ------------------------  ----------------------------------------- 
 d)   Aggregated information 
       - Aggregated               270,000 
       volume                     GBP3,750 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               29 October 2021 
       transactions 
     ------------------------  ----------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  ----------------------------------------- 
 

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END

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October 29, 2021 08:57 ET (12:57 GMT)

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