This announcement contains inside information for the purposes of Article 7 of the
FALANX CYBER SECURITY LIMITED
("Falanx" or the "Company")
Result of General Meeting
Falanx Cyber Security Limited (AIM: FCS), announces that the Resolutions put to Shareholders at the General Meeting held earlier today in connection with the disposal of its Cyber Security Division, were duly passed. The proxy results are set out below:
Resolution |
For |
Against |
Withheld |
||
Shares |
Percentage of votes cast |
Shares |
Percentage of votes cast |
Shares |
|
Disposal of Subsidiary |
1,851,982 |
98.99 |
18,920 |
1.01 |
3,080 |
Change of Company name |
1,799,182 |
98.81 |
21,720 |
1.19 |
53,080 |
Amendment of Articles |
1,799,182 |
98.81 |
21,720 |
1.19 |
53,080 |
Accordingly, the disposal of Falanx Cyber Defence Limited ("FCD") and Falanx Cyber Technologies Limited ("FCT") is expected to complete in accordance with its terms in early December 2023.
Change of
With effect from Completion, expected to occur in early December 2023, the Company's
Change of name
The Company's name will be changed to "Cloudified Holdings Limited" once the BVI Registrar of Corporate Affairs has issued a certificate of change of name (the "Effective Date"). This is expected to occur in early December 2023. It is further noted that, in accordance with section 23(2) of the BVI Business Companies Act (As Revised), the Articles are deemed to be amended to state the Change of Name with effect from the Effective Date. The tradeable instrument display mnemonic ("TIDM") of the Company is expected to change to "CHL" and will become effective in early December 2023.
New share certificates will not be issued under the new name of the Company until and unless a reserve takeover is undertaken.
This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 9 November 2023 copies of which are available on the Company's website at https://falanxcyber.com. Capitalised terms in this announcement have the same meaning as given in the Circular.
Enquiries:
Falanx Cyber Security Limited Alex Hambro Chairman Mike Read CEO Ian Selby CFO
|
Via IFC |
WH Ireland Mike Coe/ Sarah Mather (Nomad) Fraser Marshall (Corporate Broking)
|
+ 44 (0) 207 220 1666 |
IFC Advisory Ltd Financial PR & IR Graham Herring / Zach Cohen |
+44 (0) 203 934 6630 |
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