TIDMFLX

RNS Number : 3199B

Falanx Group Limited

10 February 2022

10 February 2022

FALANX GROUP LIMITED

(the "Company")

PDMR dealing

Falanx Group Limited (AIM: FLX), the AIM listed cyber security business, announces that today Mike Read, CEO, acquired 1,000,000 ordinary shares in the Company at 0.945 pence per share. Similarly, Ian Selby, CFO, acquired 600,000 ordinary shares in the Company today at 0.96 pence per share.

Following this acquisition, Mike Read and Ian Selby are now interested in 17,258,187 and 3,859,894 ordinary shares in the Company respectively representing 3.28% and 0.73% of the current issued share capital respectively.

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                    +44 (0) 203 934 663

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       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)                  1,000,000 Ordinary Shares 
                                  Price: 0.945 pence per Ordinary Share 
     -------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated 
       volume                      1,000,000 
       - Price                     GBP9,450 
     -------------------------  ---------------------------------------- 
 e)   Date of the                10 February 2022 
       transactions 
     -------------------------  ---------------------------------------- 
 f)   Place of the               AIM 
       transaction 
     -------------------------  ---------------------------------------- 
 
 
  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       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)                  600,000 Ordinary Shares 
                                  Price: 0.96 pence per Ordinary Share 
     -------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated 
       volume                      600,000 
       - Price                     GBP5,760 
     -------------------------  ---------------------------------------- 
 e)   Date of the                10 February 2022 
       transactions 
     -------------------------  ---------------------------------------- 
 f)   Place of the               AIM 
       transaction 
     -------------------------  ----------------------------------------

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END

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February 10, 2022 06:11 ET (11:11 GMT)

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