Director/PDMR Shareholdings

RNS Number : 9056R

Manx Financial Group PLC

20 June 2018

 

FOR IMMEDIATE RELEASE                                                                              20 June 2018

Manx Financial Group PLC

(the "Company")

Director/PDMR Shareholdings

Mr John Banks, Non-Executive Director, was informed by the Trustees of the Banks Family Settlement on 19^th June 2018 that 1,443,833 of the Company's ordinary shares (representing 1.1% of the total issued share capital) held by Rene Nominees (IOM) Limited in trust for Marquise Holdings Limited have been transferred (the "Transfer") and are now held by Rene Nominees (IOM) Limited in trust for ICS Risk Solutions Limited (IOM). Marquise Holdings Limited is an asset of the Banks Family Settlement.

Following the Transfer, Rene Nominees (IOM) Limited holds 9,777,166 of the Company's ordinary shares in trust for ICS Risk Solutions Limited (IOM) and, as a result, Mr John Banks no longer has an interest in the issued ordinary share capital of the Company.

The overall total ordinary shares of the Company in which Mr Arron Banks, a significant shareholder, has a beneficial interest remains unchanged at 38,153,158, representing 29.10% of the shares in issue.

For further information, please contact:

Manx Financial Group PLC

Denham Eke, Chief Executive

Tel:      [phone]

Beaumont Cornish Limited

Roland Cornish/James Biddle

Tel:      [phone]

Britton Financial PR

Tim Blackstone

Tel:      [phone]

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,

John Banks

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	John Banks
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Manx Financial Group plc
b)	LEI	213800R151BAZRATR333
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description  of  the financial instrument, type of instrument Identification code	Ordinary shares of no par value ISIN IM00B28ZPX83
	Nature of the transaction	Transfer of Ordinary Shares held under trust for the underage children of John Banks
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 12.5 pence 1,443,833
d)	Aggregated information	n/a
e)	Date of the transaction	19th June 2018
f)	Place of the transaction	LSE, AIM (XLON)

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

END

 

 

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