Falanx Cyber Security Limited Grant of Options (6517K)
December 22 2022 - 10:30AM
UK Regulatory
TIDMFCS
RNS Number : 6517K
Falanx Cyber Security Limited
22 December 2022
22 December 2022
Falanx Cyber Security Limited
("Falanx" or the "Company")
Grant of Options
Falanx Cyber Security Limited (AIM: FCS), the global cyber
security provider, announces that it has today awarded a total of
248,000 options (the "New Options") over ordinary shares of nil par
value each in the Company ("Ordinary Shares") under the Company's
existing Enterprise Management Incentive Scheme ("EMI Scheme"). A
total of 188,000 New Options have been awarded to the following
directors:
Director Number of Total number Total number Total number Total number
New Options of options of options of options of options
Granted over the Ordinary as a percentage over the as a percentage
Shares as of the Company's Ordinary of the
adjusted by issued share Shares Company's
the share capital (Including issued
reorganisation (Excluding options share capital
(Excluding options awarded awarded (Including
options awarded in lieu of in lieu options
in lieu of salaries of salaries awarded
salaries during during Covid-19) during in lieu
Covid-19) Covid-19) of salaries
during
Covid-19)
Michael
Read 50,000 100,000 1.9% 166,000 3.2%
------------- ------------------- ------------------ ------------- -----------------
Ian Selby 50,000 100,000 1.9% 125,200 2.4%
------------- ------------------- ------------------ ------------- -----------------
Rick Flood 50,000 100,000 1.9% 149,992 2.8%
------------- ------------------- ------------------ ------------- -----------------
Emma Shaw 16,000 16,000 0.3% 23,992 0.5%
------------- ------------------- ------------------ ------------- -----------------
William
Kilmer 22,000 22,000 0.4% 22,000 0.4%
------------- ------------------- ------------------ ------------- -----------------
The New Options have an exercise price of 50 pence per Ordinary
Share (the "Exercise Price"), being the closing mid-market price on
21 December 2022, and will vest:
-- as to 81,840 New Options (representing 33% of the total
Options), provided that the average share price of the Company
exceeds 75 pence (50% share price growth over the Exercise Price)
for a period of 10 business days;
-- as to 81,840 New Options (representing 33% of the total
Options), provided that the average share price of the Company
exceeds 100 pence (100% share price growth over the Exercise Price)
for a period of 10 business days; and
-- as to the balance of 84,320 New Options (representing 34% of
the total Options), provided that the average share price of the
Company exceeds 125 pence (150% growth over the Exercise Price) for
a period of 10 business days.
Once vested the New Options are exercisable between 1 January
2023 and 21 December 2032, subject to accelerated vesting and
exercise in certain customary scenarios.
Enquiries:
Falanx Cyber Security Limited Via IFC
Alex Hambro Chairman
Mike Read CEO
Ian Selby CFO
WH Ireland
Mike Coe/ Sarah Mather (Nomad)
Joanna Hunt (Corporate Broking) + 44 (0) 207 220 1666
IFC Advisory Ltd
Financial PR & IR
Graham Herring / Zach Cohen +44 (0) 203 934 6630
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names Michael David 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 Cyber Security 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 VGG3338A1158
code
----------------------- ---------------------------------------
c) Nature of the Grant of options over Ordinary Shares
transaction
----------------------- ---------------------------------------
d) Price(s) and Volume(s):
volume(s) 50,000 Ordinary Shares
Price: 50 pence per Ordinary Share
----------------------- ---------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
----------------------- ---------------------------------------
e) Date of the 22 December 2022
transactions
----------------------- ---------------------------------------
f) Place of the Outside a trading venue
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 Cyber Security 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 VGG3338A1158
code
----------------------- ---------------------------------------
c) Nature of the Grant of options over Ordinary Shares
transaction
----------------------- ---------------------------------------
d) Price(s) and Volume(s):
volume(s) 50,000 Ordinary Shares
Price: 50 pence per Ordinary Share
----------------------- ---------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
----------------------- ---------------------------------------
e) Date of the 22 December 2022
transactions
----------------------- ---------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names Richard Andrew Flood
----------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Executive Director
----------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------- ---------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
----------------------------------------------------------------
a) Name Falanx Cyber Security 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 VGG3338A1158
code
----------------------- ---------------------------------------
c) Nature of the Grant of options over Ordinary Shares
transaction
----------------------- ---------------------------------------
d) Price(s) and Volume(s):
volume(s) 50,000 Ordinary Shares
Price: 50 pence per Ordinary Share
----------------------- ---------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
----------------------- ---------------------------------------
e) Date of the 22 December 2022
transactions
----------------------- ---------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names Emma Shaw
----------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status NED
----------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------- ---------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
----------------------------------------------------------------
a) Name Falanx Cyber Security 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 VGG3338A1158
code
----------------------- ---------------------------------------
c) Nature of the Grant of options over Ordinary Shares
transaction
----------------------- ---------------------------------------
d) Price(s) and Volume(s):
volume(s) 16,000 Ordinary Shares
Price: 50 pence per Ordinary Share
----------------------- ---------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
----------------------- ---------------------------------------
e) Date of the 22 December 2022
transactions
----------------------- ---------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names William Kilmer
----------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status NED
----------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------- ---------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
----------------------------------------------------------------
a) Name Falanx Cyber Security 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 VGG3338A1158
code
----------------------- ---------------------------------------
c) Nature of the Grant of options over Ordinary Shares
transaction
----------------------- ---------------------------------------
d) Price(s) and Volume(s):
volume(s) 22,000 Ordinary Shares
Price: 50 pence per Ordinary Share
----------------------- ---------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
----------------------- ---------------------------------------
e) Date of the 22 December 2022
transactions
----------------------- ---------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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.
END
DSHFELFFEEESEDE
(END) Dow Jones Newswires
December 22, 2022 10:30 ET (15:30 GMT)
Falanx Cyber Security (LSE:FCS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Falanx Cyber Security (LSE:FCS)
Historical Stock Chart
From Dec 2023 to Dec 2024
