FOR IMMEDIATE RELEASE                                                                                                                   15^th June 2021

Manx Financial Group PLC (the "Company")

Extraordinary General Meeting

Manx Financial Group PLC announces that an Extraordinary General Meeting ("EGM") will be held at 11.00 a.m. on the 7^th July 2021 at The Claremont Hotel, 18-22 Loch Promenade, Douglas, Isle of Man, IM1 2LX. 

The EGM will consider and, if thought fit, to pass the following resolutions: 

Resolution 1

To approve the Directors' recommendation that the payment of a dividend on the Ordinary Shares of 0.1724 pence per Ordinary Share be made for the financial year ended 31^st December 2020 on 10^th August 2021 to shareholders on the register at the close of business on 16^th July 2021.

Resolution 2

That the Directors be and are hereby authorised to offer to ordinary shareholders the right (subject to the terms of the Company's Scrip Payment Scheme) to elect to receive Ordinary Shares instead of cash in respect of the whole or some part of all and any dividend declared for such period expiring at the end of the third Annual General Meeting of the Company after the date on which the resolution is passed.

Notice of the EGM and proxy forms have been posted to Shareholders and a copy of the Notice of the EGM is available for download from the Company's website www.mfg.im.

The Board has considered how best to deal with the practical arrangements for the meeting considering the unique circumstances of the ongoing COVID-19 pandemic. In particular, the Board has also considered the measures introduced by the Isle of Man Government in response to the COVID-19 pandemic, still currently in force, which may prevent shareholders, advisers, and directors of the Company who are not residents of the Isle of Man to attend the EGM in person. Of those measures, the most relevant to the EGM is the closure of the Isle of Man's borders which has resulted in restrictions on inbound travel to the Island.

The Board considers it important that all shareholders should have the opportunity to exercise their voting rights at the EGM. To this end, the Company invites shareholders to complete the voting proxy form as early as possible. Shareholders may also submit questions to the Company Secretary either in writing at the registered office or by email to lesley.crossley@mfg.im prior to the meeting and as early as possible.

The Company will continue to monitor the advice of the Isle of Man Government and, in the event of material changes to the current advice, the Company will update its shareholders via the regulatory information service. Shareholders are further encouraged to monitor the website www.mfg.im for EGM updates.

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 AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.