REG - Manx Financial Group - Scrip Share Price

Manx FinancialAnnouncement

21/07/2021 07:00

RNS Number : 8929F
  
Manx Financial Group PLC
  
21 July 2021
  
 

FOR IMMEDIATE RELEASE                                                      21st July 2021
 
 
Manx Financial Group PLC (the "Company")
 
Scrip Share Price
 
 
On 7th July 2021, the Company declared a dividend of 0.1724 pence per Ordinary Share ("Dividend") payable on 10th August 2021 to holders of Ordinary Shares recorded on the register on 16th July 2021.
 
The Company has offered Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash and the final election date is 30th July 2021 at 5.00 p.m.
 
The New Share Price for the Dividend has been determined as 7.0575 pence per Share.  This has been calculated taking the lowest daily volume weighted average price ("VWAP") derived from the Daily Official List of the London Stock Exchange plc during the period of twenty dealing days prior to (and including) the Ex-Dividend Date (capped at a 20% discount to the VWAP of the Ordinary Shares on the Ex-Dividend Date).
 
The process for electing to participate in the Scheme is detailed in the Scrip Dividend Circular which was posted to Shareholders on 9th July 2021 and is also available on the investor page of the Company's website www.mfg.im/investor-centre/aim-rule-26 (Circulars section).
 
 
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
Denham Eke, Chief Executive
Tel: +44 (0) 1624 694694
 


Beaumont Cornish Limited
Roland Cornish/James Biddle
Tel: +44 (0) 20 7628 3396
 


Greentarget Limited
Dafina Grapci-Penney
Tel: +44 (0) 203 963 1887
 



 

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