26 October 2021
FALANX GROUP LIMITED
("Falanx", the "Group" or the "Company")
PDMR dealing
Falanx Group Limited (AIM: FLX), the AIM listed cyber security business, announces that yesterday Mike Read, CEO, and Ian Selby, CFO, acquired 500,000 and 150,000 ordinary shares in the Company respectively at 1.3 pence per share.
Following this acquisition, Mike Read and Ian Selby are now interested in 15,813,940 and 2,219,348 ordinary shares in the Company respectively representing 3.01% and 0.42% of the current issued share capital respectively.
Enquiries:
| Falanx Group Limited Alex Hambro, Chairman Mike Read, CEO Ian Selby, CFO
| Via IFC |
| 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 AIM listed cyber security business. 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 | Mike Read |
| 2
| 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)
| 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 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)
| Price(s) and volume(s) | Volume(s): 500,000 Ordinary Shares Price: 1.3 pence per Ordinary Share |
| d)
| Aggregated information - Aggregated volume - Price |
500,000 £6,500 |
| e)
| Date of the transactions | 25 October 2021 |
| f)
| Place of the transaction | London Stock Exchange |
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |
| a)
| Names | Ian Selby |
| 2
| Reason for the notification | |
| a)
| Position/status
| CFO |
| 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 | 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 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)
| Price(s) and volume(s) | Volume(s): 150,000 Ordinary Shares Price: 1.3 pence per Ordinary Share |
| d)
| Aggregated information - Aggregated volume - Price |
150,000 £1,950 |
| e)
| Date of the transactions | 25 October 2021 |
| f)
| Place of the transaction | London Stock Exchange |
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