- Falanx Group has raised £750,000, gross, through the 18,750,000 of new ordinary shares at 4p apiece following an unsolicited approach by Turner Pope Investments on behalf of their clients.

No Warrants are attached to this Placing. Turner Pope Investments will receive 468,750 ordinary shares as fees, which are subject to a 6 month 'lock-in' period from the date of issue.

At 9:56am: [LON:FLX] Falanx Group Plc share price was +0.13p at 4.5p

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