Brief: Manx Financial Acquires Remaining 49.9% Interest Of PAL
Sept 16 (Reuters) - Manx Financial Group PLC MFX.L :
* ACQUISITION OF THE REMAINING 49.9% INTEREST OF PAL
* TRANSACTION EXPECTED TO REDUCE COST BY UP TO £4 MILLION
* CONSIDERATION FUNDED THROUGH GROUP'S UNUTILISED LIQUIDITY
* NEIL JEFFERY AND COLIN ELLARD TO RESIGN AS DIRECTORS
Source text for Eikon: ID:nRSP1975Ea
Further company coverage: MFX.L
((Reuters.Briefs@thomsonreuters.com;))