FLX Falanx Group Limited

TIDMFLX

RNS Number : 8929T

Falanx Group Limited

11 January 2017

Falanx Group Limited

("Falanx" or "the Company")

Issue of Equity

Falanx Group (AIM:FLX) announces that, on 9 January 2017, the Company issued 175,000 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") as a result of the exercise of warrants. The warrants were exercised at a price of six pence per Ordinary Share pursuant to the terms of the warrant instrument issued by the Company on 5 May 2016 as previously notified.

Application has been made for the new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission"), which is expected to take place on or around 8.00a.m. on 16 January 2017. The new Ordinary Shares will, when issued, be credited as fully paid and rank equally in all respects with the existing Ordinary Shares, including the right to receive any dividend or other distribution declared, made or paid after Admission.

Following Admission, the Company's enlarged issued share capital will comprise 125,780,904 Ordinary Shares carrying one vote per share. The Company does not hold any Ordinary Shares in treasury.

Enquiries:

 
 Falanx Group Limited               www.falanxgroup.com 
  Stuart Bladen, Chief Executive     www.falanxassuria.com 
                                     www.falanxcyberdefence.com 
 Panmure Gordon (UK) Limited 
  Nominated Adviser & Joint 
  Broker 
  Andrew Godber / Peter 
  Steel                             +44 (0) 20 7886 2500 
 Whitman Howard Limited 
  Joint Broker 
  Nick Lovering / Francis 
  North                             +44 (0) 207 659 1234 
 
 

About Falanx

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 11, 2017 04:00 ET (09:00 GMT)

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