Last checked at 20 Jun 2018 07:00
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
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2 | Reason for notification | |||||||
a) | Position / status | Non-Executive Director
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b) | Initial notification /Amendment | Initial | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Manx Financial Group plc
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b) | LEI | 213800R151BAZRATR333
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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
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Nature of the transaction | Transfer of Ordinary Shares held under trust for the underage children of John Banks | |||||||
c) | Price(s) and volumes(s) |
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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.