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MFX Manx Financial Group Plc

21.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Manx Financial Group Plc LSE:MFX London Ordinary Share IM00B28ZPX83 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 21.00 20.00 22.00 21.00 21.00 21.00 17,500 07:31:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Personal Credit Institutions 36.05M 4.67M 0.0405 5.19 24.25M

Manx Financial Group PLC Scrip Share Price (0664D)

19/06/2023 7:00am

UK Regulatory


TIDMMFX

RNS Number : 0664D

Manx Financial Group PLC

19 June 2023

   FOR IMMEDIATE RELEASE                                                      1 9(th) June 2023 

Manx Financial Group PLC (the "Company")

Scrip Share Price

On 30th May 2023, the Company declared a dividend of 0.3764 pence per Ordinary Share ("Dividend") payable on 19(th) July 2023 to holders of Ordinary Shares ("Shareholders") recorded on the register on 16(th) June 2023.

The Company has offered Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash and the final election date is 30(th) June 2023 at 5.00 p.m.

The New Share Price for the Dividend has been determined as 21.8974 pence per Share. This has been calculated taking the lowest daily volume weighted average price ("VWAP") derived from the Daily Official List of the London Stock Exchange plc during the period of twenty (20) dealing days prior to (and including) the Ex-Dividend Date (capped at a 20% discount to the VWAP of the Ordinary Share on the Ex-Dividend Date).

The process for electing to participate in the Scheme is detailed in the Scrip Dividend Circular which was posted to Shareholders on 8(th) June 2023 and is also available on the investor page of the Company's website www.mfg.im/investor-centre/aim-rule-26 (Circulars section).

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

For further information, please contact:

 
   Manx Financial Group     Beaumont Cornish Limited    Greentarget Limited 
            PLC               Roland Cornish/James         Jamie Brownlee 
        Denham Eke,                  Biddle             Tel: +44 (0) 20 3307 
  Executive Vice Chairman     Tel: +44 (0) 20 7628              5726 
     Tel: +44 (0) 1624                3396 
          694694 
 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DIVFZGMVNVGGFZM

(END) Dow Jones Newswires

June 19, 2023 02:00 ET (06:00 GMT)

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