Falanx Group Limited Exercise of Options, TVR and PDMR dealing (7718Q)
29 October 2021 - 11:57PM
UK Regulatory
TIDMFLX
RNS Number : 7718Q
Falanx Group Limited
29 October 2021
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 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/
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 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) 120,000 Ordinary Shares @ 1.4 pence per
Ordinary Share
150,000 Ordinary Shares @ 1.38 pence
per Ordinary Share
------------------------ -----------------------------------------
d) Aggregated information
- Aggregated 270,000
volume GBP3,750
- Price
------------------------ -----------------------------------------
e) Date of the 29 October 2021
transactions
------------------------ -----------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------ -----------------------------------------
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END
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October 29, 2021 08:57 ET (12:57 GMT)
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