Director's Share Dealing

RNS Number : 8717W

Manx Financial Group PLC

26 November 2010

 



FOR IMMEDIATE RELEASE                                                   26^th November 2010

Manx Financial Group PLC (the 'Company')

Director's Share Dealing

The Company was informed on 25^th November 2010 that Rene Nominees (IOM) Ltd on trust for Mr Arron Banks, Director of the Company, purchased 2,500 Ordinary Shares in the Company at 13.5p per share on 25^th November 2010.  As a result of this purchase the total holding of Ordinary Shares held by Rene Nominees (IOM) Ltd on trust for Mr Banks is 1,085,833 (1,052,500 held on behalf of his SIPP and 33,333 directly) representing 1.23% 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 Ltd.  The total Ordinary Shares held in the Company by Rene Nominees (IOM) Ltd on trust for Rock Holdings Ltd is 7,038,193 representing 7.98% of the issued ordinary share capital of the Company.

In addition, Mr Banks is beneficially interested in 45.8% of the issued share capital of Southern Rock Insurance Company Ltd.  The total Ordinary Shares held in the Company by Rene Nominees (IOM) Ltd on trust Southern Rock Insurance Company Limited is 6,750,799 representing 7.66% of the issued ordinary share capital of the Company.

The total Ordinary Shares in which Mr Banks has a beneficial interest is  14,874,825 representing 16.87% 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 Tel [phone]

Britton Financial PR Tim Blackstone Tel [phone]

 

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