IN BRIEF: Manx Financial makes small bolt-on acquisition

Manx Financial Group PLC - Isle of Man-based financial services company - Acquires the UK FCA ...

Alliance News 22 January, 2025 | 4:50PM
Email Form Facebook Twitter LinkedIn RSS

Manx Financial Group PLC - Isle of Man-based financial services company - Acquires the UK FCA licenced Wealth Management business, CAM Wealth Group Holdings Ltd and its subsidiary CAM Wealth Group Ltd for GBP210,000. Funds deal from own resources. Calls purchase a "significant building block". "Albeit currently small, this business with its accompanying UK FCA licences, will provide an excellent platform from which we can build upon to provide general insurance products, together with full financial planning and investment services, to both retail and SME customers based in the UK," company says.

Current stock price: 14.09 pence, up 0.6% in London on Wednesday

12-month change: down 26%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Manx Financial Group PLC 14.09 GBX 0.64 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures