MFX Manx Financial Group Plc

TIDMMFX

RNS Number : 7869C

Manx Financial Group PLC

11 March 2011

Manx Financial Group PLC

11 March 2011

FOR IMMEDIATE RELEASE 11(th) March 2011

Manx Financial Group PLC (the 'Group')

Resignation of a Director

The Company announces the resignation of Mr Simon Hull from the board and as Managing Director of Conister Bank Limited ("Conister") and associated companies with immediate effect. Mr Hull will leave Conister on the 1(st) April 2011.

The Group is in the process of recruiting a replacement for Mr Hull and will make a further announcement in this connection in due course. During the recruitment period, Mr Douglas Grant, Finance Director of both the Group and Conister will assume the role as acting Managing Director.

 
 Denham Eke, CEO, commented: 
  "I am grateful to Simon for his contribution and we wish him well 
  in the future. Meanwhile, the Group now has a very experienced Executive 
  team to support Douglas in the execution of the Group's strategy 
  to maintain and enhance the Bank's performance whilst the recruitment 
  process is undertaken." 
 

For further information contact

 
 Manx Financial Group PLC 
  Denham Eke 
  Tel 01624 694694 
 Beaumont Cornish Limited 
  Roland Cornish 
  Tel +44 (0) 20 7628 3396 
 Britton Financial PR 
  Tim Blackstone 
  Tel 07957 140416 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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