Falanx Group Ltd (LON:FLX) CEO Stuart Bladen talks to DirectorsTalk about its transformational year of growth. Stuart talks us through the board changes, impact on overheads, runs through the impressive growth figures, explains what this means for the company, what CHECK accredited means for the company and explains why a share placing took place and the response they got.
Stuart Bladen, Chief Executive Officer of Falanx Group Ltd, also commented: “The cyber market is growing rapidly and it is important for Falanx to expand and take market share quickly to maximize our future value. We are therefore delighted to announce this placing which followed several approaches from interested investors. The Board agree it was in our shareholders’ interest to serve market demand for equity in Falanx because it strengthens our capital reserves, accelerates our growth and completes our pathway to full profitability without interruption.”
Falanx is a global intelligence and cyber defence provider working with blue chip and government clients. The Group listed on AIM in June 2013 under ticker FLX For more information: http://www.falanx.com/