REG - Manx Financial Group - Exercise of Share Options, Issue of Equity & TVR

Manx FinancialAnnouncement

26/04/2024 07:00

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RNS Number : 0938M  Manx Financial Group PLC  26 April 2024

 

 

 

 

FOR IMMEDIATE
RELEASE
                                    26 April
2024

 

Manx Financial Group PLC (the "Company")

 

Exercise of Share Options, Issue of Equity & TVR

 

Manx Financial Group PLC (AIM:MFX), the holding company providing a range of
diversified financial services to the Isle of Man and the United Kingdom,
announces that on 16th April 2024 it has received and accepted a request to
exercise options over 350,000 ordinary shares of no par value ("New Ordinary
Shares") in the Company ("Options"), at an exercise price of 14 pence per New
Ordinary Share, for an aggregate consideration of £49,000.

 

The Options were granted on 23 June 2014, and were due to lapse on 22 June
2024.

 

Application has been made to the London Stock Exchange for the 350,000 New
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00 a.m. on 3(rd) May 2024.

Following the issue of the New Ordinary Shares and Additional Allotment, the
Company's issued share capital consists of 116,541,936 Ordinary Shares of
no-par value, with voting rights ("Ordinary Shares"). The Company does not
hold any Ordinary Shares in Treasury. Therefore, the total number of Ordinary
Shares in the Company with voting rights is 116,541,936.

 

 

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 PLC   Beaumont Cornish Limited      Greentarget Limited

 Denham Eke,                Roland Cornish/James Biddle   Jamie Brownlee

 Executive Vice Chairman    Tel: +44 (0) 20 7628 3396     Tel: +44 (0) 20 3307 5726

 Tel: +44 (0) 1624 694694

 

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