Business
Report and Accounts for the year ended 31 Dec 2021
Report and Accounts for the year ended 31 Dec 2021.
About this update from Manx Financial Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2541E\n Manx Financial Group PLC\n 10 March 2022\n \n \n \n \n \n \n FOR IMMEDIATE RELEASE 10th March 2022\n \n \n \n \n \n \n \n \n Manx Financial Group PLC (the 'Company')\n \n \n \n \n \n Report and accounts for the year ended 31 December 2021\n \n \n \n \n \n \n Manx Financial Group PLC (LSE: MFX), the financial services group which includes Conister Bank Limited, Conister Finance & Leasing Ltd, Blue Star Business Solutions Limited, Edgewater Associates Limited and Manx FX Limited presents its audited final results for the year ended 31 December 2021.\n \n \n \n \n \n Jim Mellon, Executive Chairman, commented: \"\n The year's financial performance is pleasing with profit before tax payable increasing by £1 million to £3 million despite two further lockdowns and continued economic uncertainty. As a result, the dividend recommended for shareholder approval will be 0.2443 pence per share - a 42% uplift from last year.\"\n \n \n \n \n \n The 2021 Audited Annual Report and Accounts will be posted to Shareholders and will be available from the Company's website \n \n www.mfg.im\n \n shortly.\n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n \n Manx Financial Group PLC\n \n \n Denham Eke,\n \n \n Executive Vice Chairman\n \n \n Tel +44 (0)1624 694694\n \n \n \n \n Beaumont Cornish Limited\n \n \n Roland Cornish/James Biddle\n \n \n Tel +44 (0) 20 7628 3396\n \n \n \n \n Greentarget Limited\n \n \n Dafina Grapci-Penney\n \n \n Tel +44 (0) 203 963 1887\n \n \n \n \n \n \n \n Dear Shareholders\n \n Introduction\n \n \n \n \n \n The current uncertainties in global markets, fuelled firstly by the effects of the COVID pandemic, and now the Ukraine crisis, look to dominate the economic environment for the foreseeable future as our previous world order is challenged. It seems clear that inflationary pressures will continue for some considerable time. Interest rates will increase as ...