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MFX — Manx Financial News Story

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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;))

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