LONDON, UK: Falanx Cyber Security Limited (AIM: FCS), announced it is in in advanced negotiations for the sale of its cyber security division.

Whilst negotiations are at an advanced stage there can be no certainty that the company will complete the Sale.

If the sale were to proceed it would be classified as a fundamental disposal under the AIM Rule 15 and, as a result, would be subject to shareholders’ approval.

Falanx Cyber Security Limited is a cyber security services provider, offering enterprise-class offensive and defensive security solutions to Small and Medium-sized Enterprises (SMEs).

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