FOR IMMEDIATE RELEASE 2 July 2015
Manx Financial Group PLC (the 'Company' or 'Manx Financial')
Director Shareholding
Mr John Banks, Non-Executive Director, was informed by the Trustees on 29 June 2015 that, on 13 April 2015, 893,000 Manx Financial Ordinary Shares held in trust by Rene Nominees (IOM) Ltd for Marquise Holdings Limited, a company registered in Gibraltar have been transferred and are now held in the name of Rene Nominees (IOM) Limited in trust for Mr Arron Banks' SIPP.
As a result of this transfer the underage children of Mr John Banks are beneficiaries under trust of 1,443,833 Manx Financial Ordinary Shares (1.41% of the Company's issued share capital) held by Rene Nominees (IOM) Ltd in trust for Marquise Holdings Limited, a company registered in Gibraltar. Mr John Banks is not himself a beneficiary of the trust.
The overall total Ordinary Shares in which Mr Arron Banks, a significant shareholder, has a beneficial interest remains unchanged at 30,339,825 representing 29.72% of the issued ordinary share capital of the Company.
For further information, please contact:
Manx Financial Group PLC
Denham Eke, Chief Executive
Tel: +44 (0) 1624 694694
Beaumont Cornish Limited
Roland Cornish/James Biddle
Tel: +44 (0) 20 7628 3396
Britton Financial PR
Tim Blackstone
Tel: +44 (0) 7957 140416