TIDMFLX

RNS Number : 1808Q

Falanx Group Limited

25 October 2021

25 October 2021

FALANX GROUP LIMITED

("Falanx", the "Group" or the "Company")

Exercise of Options and TVR

Falanx Group Ltd, the AIM listed cyber security company, announces that it has issued and allotted 300,000 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 300,000 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 29 October 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 526,301,185. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 526,301,185. 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.

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 / 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/

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(END) Dow Jones Newswires

October 25, 2021 10:25 ET (14:25 GMT)

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