Director's Dealings

RNS Number : 0106Q

Manx Financial Group PLC

31 October 2012

 



FOR IMMEDIATE RELEASE                                                             31st October 2012

Manx Financial Group PLC

(the 'Company')

Director's Dealings-

Part Assignment of Unsecured Convertible Loan Note

The Company announces that, in accordance with the terms of the £1.7 million unsecured convertible loan note (the "Loan") issued to Burnbrae Limited on 1^st August 2012, £500,000 of this Loan has been assigned to Jim Mellon.

Jim Mellon is the Company's Executive Chairman. Burnbrae Limited is wholly owned by a trust of which Jim Mellon is a life tenant.

For further information, please contact:

Manx Financial Group plc Denham Eke Tel [phone]

Beaumont Cornish Limited Roland Cornish/James Biddle Tel [phone]

Britton Financial PR Tim Blackstone Tel + 44 (0) 7957 140416

 

END

 

 

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