CAM Wealth Group Limited – Update

Manx Financial

24/07/2025 07:00

RNS Number : 3174S

Manx Financial Group PLC

24 July 2025

 

 

 

 

FOR IMMEDIATE RELEASE                                                                        24 July 2025

 

 

Manx Financial Group PLC

(the "Group")

 

CAM Wealth Group Limited - Change of Regulatory Permissions

 

Manx Financial Group PLC announces that CAM Wealth Group Limited ("CAM Wealth"), a wholly owned subsidiary of the Group, has been granted regulatory permission by the UK Financial Conduct Authority ("FCA") to sell and distribute general insurance products within the United Kingdom.

 

This authorisation marks a significant milestone in the Group's strategic growth enabling the Group to expand its service offering. The new insurance arm, CAM Insurance Solutions, will operate as an integral part of the Group, delivering tailored insurance solutions that will be utilised initially to support its sister subsidiaries' one million retail customers and fifteen thousand SMEs before being marketed externally.

 

Douglas Grant, the Group's CEO stated: "The expansion of FCA permissions aligns with the broader vision of Manx Financial Group PLC to deliver a fully integrated suite of financial services across the Isle of Man and the UK."

This announcement contains inside information for the purposes of Article 7 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, this inside information is now considered to be in the public domain.

For further information, please contact:

 

Manx Financial Group PLC
Beaumont Cornish Limited
Tavistock Communications Limited
Greentarget Limited
Denham Eke
Roland Cornish/
James Biddle
Simon Hudson/
Kuba Stawiski
Jamie Brownlee
Tel: +44 (0) 1624 694694
Tel: +44 (0) 20 7628 3396
Tel: +44 207 920 3150 mfg@tavistock.co.uk
Tel: +44 (0) 20 3307 5726

 

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
MSCSEUFWDEISELW