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 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 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 /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): 120,000 Ordinary Shares @ 1.4 pence per Ordinary Share 150,000 Ordinary Shares @ 1.38 pence per Ordinary Share |
| d)
| Aggregated information - Aggregated volume - Price |
270,000 £3,750 |
| e)
| Date of the transactions | 29 October 2021 |
| f)
| Place of the transaction | London Stock Exchange |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.