Manx Financial Group PLC Director/PDMR Shareholdings (9056R)

TIDMMFX

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 19(th) 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:      [phone] 

Beaumont Cornish Limited

Roland Cornish/James Biddle

   Tel:      [phone] 

Britton Financial PR

Tim Blackstone

   Tel:      [phone] 

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      Initial 
       /Amendment 
---  ------------------------  ---------------------------- 
 3    Details of the issuer, emission 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            Ordinary shares of no par 
       the financial             value 
       instrument, type 
       of instrument 
                                 ISIN IM00B28ZPX83 
       Identification 
       code 
---  ------------------------  ---------------------------- 
      Nature of the             Transfer of Ordinary Shares 
       transaction               held under trust for the 
                                 underage children of John 
                                 Banks 
---  ------------------------  ---------------------------- 
 c)   Price(s) and                Price(s)      Volumes(s) 
       volumes(s)                 ------------  ----------- 
                                   12.5 pence    1,443,833 
                                  ------------  ----------- 
---  ------------------------  ---------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ---------------------------- 
 e)   Date of the transaction   19(th) June 2018 
---  ------------------------  ---------------------------- 
 f)   Place of the              LSE, AIM (XLON) 
       transaction 
---  ------------------------  ---------------------------- 
 

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 [e-mail] or visit www.rns.com.

END

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June 20, 2018 02:00 ET (06:00 GMT)