Director's Share Dealing

RNS Number : 8204G

Manx Financial Group PLC

03 July 2012

 



FOR IMMEDIATE RELEASE                                                   3 July 2012

Manx Financial Group PLC (the 'Company')

Director's Share Dealing

The Company was informed on 3^rd July 2012 that Rene Nominees (IOM) Limited in trust for Southern Rock Insurance Company Limited purchased:

·    125,000 Ordinary Shares in the Company at 4.195p per share on 3^rd July 2012

·    100,000 Ordinary Shares in the Company at 4.2p per share on 3^rd July 2012

In addition, the Company was informed on 2^nd July 2012 that Rene Nominees (IOM) Limited in trust for Southern Rock Insurance Company Limited also purchased 100,000 Ordinary Shares in the Company at 4.125p per share on 2^nd July 2012.

Mr Arron Banks, a Director of the Company, is beneficially interested in 48.41 % of the issued share capital of Southern Rock Insurance Company Limited.

As a result of these purchases the total holding of Ordinary Shares held by Rene Nominees (IOM) Limited in trust for Southern Rock Insurance Company Ltd is 7,075,799 representing 7.90% of the issued ordinary share capital of the Company.

Mr Banks is also beneficially interested in 51% of the issued share capital of Rock Holdings Limited.  The total Ordinary Shares held in the Company by Rene Nominees (IOM) Limited in trust for Rock Holdings Ltd is 7,038,193 representing 7.86% of the issued ordinary share capital of the Company. 

Rene Nominees (IOM) Limited also holds 1,260,833 Ordinary Shares in the Company in trust for Mr Banks (1,077,500 held on behalf of his SIPP and 183,333 directly) representing 1.41% of the issued ordinary share capital of the Company.

The total Ordinary Shares in which Mr Banks has a beneficial interest in is 15,374,825 representing 17.17% of the issued ordinary share capital of the Company.

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 [phone]

 

END

 

 

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