REG - Manx Financial Group - Scrip Share Price

Manx FinancialAnnouncement

19/06/2023 07:00

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RNS Number : 0664D  Manx Financial Group PLC  19 June 2023

FOR IMMEDIATE
RELEASE
          19(th) June 2023

 

 

Manx Financial Group PLC (the "Company")

 

Scrip Share Price

 

 

On 30th May 2023, the Company declared a dividend of 0.3764 pence per Ordinary
Share ("Dividend") payable on 19(th) July 2023 to holders of Ordinary Shares
("Shareholders") recorded on the register on 16(th) June 2023.

 

The Company has offered Shareholders the opportunity to receive the Dividend
in New Ordinary Shares instead of cash and the final election date is 30(th)
June 2023 at 5.00 p.m.

 

The New Share Price for the Dividend has been determined as 21.8974 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 (20) dealing days prior to (and
including) the Ex-Dividend Date (capped at a 20% discount to the VWAP of the
Ordinary Share 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 8(th) June 2023 and is
also available on the investor page of the Company's website
www.mfg.im/investor-centre/aim-rule-26
(http://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   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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