Manx Financial agrees higher price for majority share in Payment Assist
21st Sep 2022 16:31
(Sharecast News) - Manx Financial Group announced the completion of a majority interest in Payment Assist on Wednesday, for an increased consideration of £4.24m.
Read moreManx Financial extends loan terms with Burnbrae, director
22nd Jul 2022 12:33
(Sharecast News) - Manx Financial Group announced on Friday that Jim Mellon and Burnbrae have agreed to extend outstanding unsecured convertible loans of £1.7m, due to expire on 31 July, for a further five years to 31 July 2027.
Read moreJohn Spellman to chair Manx Financial's Conister Bank
26th May 2022 11:51
(Sharecast News) - Manx Financial Group updated the market on the leadership of its wholly-owned Conister Bank subsidiary on Thursday, after David Gibson retired as the bank's chairman at the end of its annual general meeting on Wednesday.
Read moreManx Financial takes majority stake in partner Payment Assist
16th May 2022 13:51
(Sharecast News) - Manx Financial Group announced on Monday that its Manx Ventures subsidiary has agreed to acquire a 50.1% interest in UK-focussed point-of-sale lender Payment Assist for initial consideration of £4m cash.
Read moreManx buys out remaining 60pc share of BLX
11th Oct 2021 14:36
(Sharecast News) - Manx Financial Group announced on Monday that its wholly-owned subsidiary Bradburn has exercised its option to acquire the remaining issued share capital of the Business Lending Exchange (BLX) from its existing shareholders.
Read moreManx Financial ups stake in brewing rental and finance firm
14th Jun 2021 15:12
(Sharecast News) - Manx Financial Group has increased its shareholding in Beer Swaps Limited (BSL), trading as Ninkasi Rentals and Finance, to 90%, it announced on Monday, for £0.3m cash.
Read moreManx Financial acquires 10pc of Rivers Finance Group
9th Jun 2021 11:02
(Sharecast News) - Manx Financial Group announced the acquisition of 10% of the issued share capital of Rivers Finance Group on Wednesday, through its wholly-owned subsidiary Bradburn.
Read moreManx Financial gets FCA go-ahead for debt collection subsidiary
4th Jun 2021 14:37
(Sharecast News) - Financial services company Manx Financial Group has obtained a variation of permissions from the Financial Conduct Authority (FCA) for its wholly-owned subsidiary, Manx Collections (MCL), to manage and collect debt on behalf of third-party lenders operating in the UK.
Read moreManx Financial raises additional £2m in regulatory capital
15th Oct 2020 13:55
(Sharecast News) - Manx Financial Group announced the raising of an additional £2m of regulatory capital on Thursday, after its independent directors considered the most suitable method of further augmenting the regulatory capital available to its subsidiary company Conister Bank.
Read moreManx Financial acquiring larger stake in brewery gear rental firm
2nd Mar 2020 12:52
(Sharecast News) - Manx Financial Group announced on Monday that its wholly-owned subsidiary Conister Bank is acquiring an additional shareholding in Beer Swaps.
Read moreThursday broker round-up
13th Sep 2018 13:19
(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.
Read moreManx Financial to buy IFA contracts for £1.7m
25th Nov 2016 13:03
(ShareCast News) - Manx Financial Group is to buy two independent financial adviser contracts books from its rival in the Isle of Man for £1.7m. The AIM-listed company's subsidiary Edgewater Associates, an Isle of Man-based retail independent financial adviser, has agreed with Knox Financial Service
Read moreManx Financial Group shares drop on first half results
30th Sep 2016 08:26
(ShareCast News) - Financial services company Manx Financial Group announced its interim results for the six months to 30 June on Friday, with profit before income tax on continuing operations growing 2% to £0.81m, from £0.79m. The AIM-traded firm's profit before income tax was down 29%, however, to
Read moreManx Financial posts 33% rise in first-half profit
17th Aug 2015 11:59
(ShareCast News) - Manx Financial posted a 33% rise in first-half pre-tax profit and said it continues to look for suitable acquisitions and partnerships to provide an incremental business fit. Pre-tax profit for the six months ended 30 June came in at £1.01m from £0.76m in the first half of last ye
Read moreManx Financial assets exceed £100m for first time
20th Jun 2014 08:13
Financial services group Manx Financial said that the total value of its assets surpassed £100m for the first time ever in the second quarter and it expects this level to be maintained and exceeded for the remainder of the year. "This is the highest figure in the history of the group and marks a si
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