TIDMMFX

RNS Number : 5327G

Manx Financial Group PLC

06 November 2018

   FOR IMMEDIATE RELEASE                                              6 November 2018

Manx Financial Group PLC

(the "Group" or "MFG")

Statement re Media Comment

The Board of MFG notes the media article of 6 November 2018 regarding a possible sale by Mr Arron Banks of his 29.10% beneficial interest in the Group.

The Board confirms as follows:

1 that it has been informed by Mr Banks that he is exploring options in relation to his beneficial interest in the Group which may include the disposal of some or all of these holdings. The Group currently has no other information regarding such intention;

2 any acquisition of a shareholding of 10% or more in the Group requires regulatory approval from both the Isle of Man Financial Services Authority, and the United Kingdom Financial Conduct Authority; and

3 the Chairman of MFG, Mr Jim Mellon, has informed the Board that he has no intention of selling his 16.39% beneficial interest in the Group.

For further information: -

Manx Financial Group - http://www.mfg.im/

Contacts:

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

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.

END

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(END) Dow Jones Newswires

November 06, 2018 10:29 ET (15:29 GMT)

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