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Manx Financial Group (MFX)

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Wednesday 20 June, 2018

Manx Financial Group

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 19th 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:      +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

 

 

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 issueremission 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.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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