Issue of Shares pursuant to the Scrip Dividend

About this update from Manx Financial Group Plc

FOR IMMEDIATE RELEASE                                            13 November 2025     Manx Financial Group PLC (the "Company")   Issue of New Ordinary Shares pursuant to the Scrip Dividend and TVR   The Company announces that it has received valid Scrip Dividend elections from shareholders resulting in a requirement to issue 1,162,469 New Ordinary Shares ("New Shares") at a price of 26.349 pence per share.   Jim Mellon and Dr Gregory Bailey, both Directors and significant shareholders of the Company, have elected to be issued 214,983 and 178,156 New Shares of no par value respectively, representing their partial Scrip Dividend entitlements, thus maintaining their joint percentage holding under the Concert Party whitewash waiver approved on 9 April 2020. Douglas Grant also a Director of the Company, has elected to receive New Shares under the Scrip Dividend as further set out in the table below.   Application has been made for the total of 1,162,469 New Shares to satisfy the Scrip Dividend exercise, which will rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM. Admission is expected on or around 20 November 2025.   TVR   Following the issue of the New Shares, the Company's issued share capital consists of 120,878,226 Ordinary Shares of no-par value, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Shareholders should therefore use 120,878,226 (being the Company's issued share capital) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.   Directors' Dealings   The respective holdings of the Directors following the issue of New Shares pursuant to the Scrip Dividend:   New Shares Issued Total Number of Ordinary Shares Held % of Issued Share Capital Jim Mellon  1 214,983 22,354,357 18.4 9 % Gregory Bailey 2 178,156 18,524,983 15.3 3 % Douglas Grant 3 6 0,308 2,408,212 1.9 6 %   1      Burnbrae Limited holds 20,026,375 Ordinary Shares. Burnbrae Limited is 100% beneficially owned by Jim Mellon. Denham Eke, Executive Vice-Chairman of MFG, is also a director of Burnbrae Limited. Vidacos Nominees Limited also holds 2,327,982 Ordinary Shares in trust for Jim Mellon. 2      Vidacos Nominees Limited holds 18,524,983 Ordinary Shares in trust for Gregory Bailey. 3      Douglas Grant holds 2,408,212 Ordinary Shares in his SIPP.   THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES 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, VIA A REGULATORY INFORMATION SERVICE, 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/ Adam Baynes Jamie Brownlee Tel: +44 (0) 1624 694694 Tel: +44 (0) 20 7628 3396 Tel: +44 207 920 3150 [email protected] 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.  

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