TIDMFLX

RNS Number : 4784N

Falanx Group Limited

24 September 2019

24 September 2019

FALANX GROUP LIMITED

(the "Company")

PDMR dealing

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.

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.

Enquiries:

 
 Falanx Group Limited                    Via IFC 
  Alex Hambro Chairman 
  Mike Read CEO 
  Ian Selby CFO 
 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

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    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             CEO 
     --------------------------  --------------------------------------- 
 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 of              Ordinary Shares of nil par value 
       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): 
                                   400,000 Ordinary Shares 
                                   Price: 1.789 pence per Ordinary Share 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transactions    24 September 2019 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ---------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHBGGDCUXDBGCS

(END) Dow Jones Newswires

September 24, 2019 06:37 ET (10:37 GMT)

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