Director Appointment

RNS Number : 4828Z

Manx Financial Group PLC

14 January 2011

 



FOR IMMEDIATE RELEASE                                                     14^th January 2011

Manx Financial Group PLC (the 'Company')

Board Changes

The Company is pleased to announce that Mr Oliver Hare has joined the Board as a Non-Executive Director with immediate effect.

Mr Hare is currently Vice Chairman of Helvetica Wealth Management Partners S.A. in Geneva.  Before founding Helvetica Wealth Management Partners in 2004, Mr Hare was a Managing Director at Banque Piguet, a boutique Private Bank in Geneva.  Prior to this he was a Managing Director within the Equities division of UBS (formerly S.G. Warburg), where he worked for over 15 years.

Mr Hare's career started in UK equity trading and sales before he took on management positions, including taking charge of an equity sales team in Madrid, then the servicing institutional clients and product distribution in Paris, and, finally being responsible for institutional equity and derivatives distribution in Switzerland.

He is also a partner of Unicos Partnership LLP in Singapore.

AIM Disclosures for Mr Hare are: The directorships/ partnerships held by Mr Oliver Anthony Hare, 46, in the previous five years are: Current: Helvetica Wealth Management Partners S.A. Unicos Partnership LLP Past: Helvetica (Isle of Man) Company Limited HSBC Global Custody Nominee (UK) Limited holds 751,212 Ordinary Shares in the Company on trust for Mr Oliver Hare representing 0.85% of the Ordinary issued share capital.  Commenting on the appointment, Mr Jim Mellon, Chairman said: "I am delighted to welcome Ollie to the Board and believe his experience, especially in the field of international wealth management, will be of great benefit as we continue to drive the Company forward". There is no further information to be disclosed under Schedule Two (g) (i)-(viii) of the AIM Rules for Companies. For further information, please contact:

Manx Financial Group PLC Denham Eke Tel [phone]

Beaumont Cornish Limited Roland Cornish Tel [phone]

Britton Financial PR Tim Blackstone Tel [phone]

 

END

 

 

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