REG - Manx Financial Group - Result of EGM and Total Voting Rights

Manx FinancialAnnouncement

09/04/2020 12:15

RNS Number : 3916J
  
Manx Financial Group PLC
  
09 April 2020
  
 

9 April 2020
 Manx Financial Group Plc
("MFG" or the "Company")
Result of EGM and Total Voting Rights
The Company is pleased to announce that at the EGM held today both resolutions tabled were duly passed.
In respect of Resolution 2, the voting was determined by a poll and the results were as follows: -



RESOLUTION


VOTES FOR


%


VOTES AGAINST


%


VOTES TOTAL


% of TOTAL ELIGIBLE ISC VOTED


% of TOTAL ISC VOTED


VOTES WITHHELD








That the waiver granted by the Panel on Takeovers and Mergers is approved.


18,995,097


95.6%


881,227


4.4%


19,876,324


27.6%


15.2%


60,411




 
The Company has now cancelled 16,966,158 new ordinary shares of nil par value (the "Ordinary Shares") and cancellation of such Ordinary Shares trading on AIM is expected to take effect on 14 April 2020. As a consequence, and as at the date of this announcement, the Company's issued share capital now consists of 114,130,077 Ordinary Shares.  The Company does not hold any Ordinary Shares in Treasury.
Those shareholders with beneficial holdings of 3% or over of the issued share capital are listed below: -
 



Name


Shareholding following the Share Buyback and Mandatory Cancellation


% of Post Buyback ISC




James Mellon


21,492,232


18.83%




Gregory Bailey


17,835,750


15.63%




Concert Party


39,327,982


34.46%




Aeternitas Imperium Privatstiftung


13,109,623


11.49%




Lynchwood Nominees Limited


9,673,385


8.48%




Island Farms Limited


4,222,319


3.70%




Rock (Nominees) Limited


3,955,868


3.47%




Others


43,840,900


38.40%




Total current ISC


114,130,077


100.00%



 
The figure of 114,130,077 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the shares of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
 
The Company also announces that, as detailed in the Circular dated 20 March 2020, John Banks ceases to be a director of the Company with immediate effect.
 
This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
 
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



 ENDS


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