CAM Wealth Group Limited – Change of Regulatory Permissions

Manx Financial Group PLC
(the “Group”)
CAM Wealth Group Limited – Change of Regulatory Permissions

Manx Financial Group PLC announces that CAM Wealth Group Limited (“CAM Wealth”), a wholly owned subsidiary of the Group, has been granted regulatory permission by the UK Financial Conduct Authority (“FCA”) to sell and distribute general insurance products within the United Kingdom .

This authorisation marks a significant milestone in the Group’s strategic growth enabling the Group to expand its service offering. The new insurance arm, CAM Insurance Solutions, will operate as an integral part of the Group, delivering tailored insurance solutions that will be utilised initially to support its sister subsidiaries’ one million retail customers and fifteen thousand SMEs before being marketed externally.

Douglas Grant, the Group’s CEO stated: “The expansion of FCA permissions aligns with the broader vision of Manx Financial Group PLC to deliver a fully integrated suite of financial services across the Isle of Man and the UK .”

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 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, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

For further information, please contact:

Lizz Ewart
Managing Director / Compliance oversight
Tel: +44 (0) 151 832 0832
Email: lizz@camwealth.co.uk

Derek Gawne
Director, Adviser, Investment Manager – Chartered Fellow FCSI
Tel: +44 (0) 151 832 0832
Email: derek@camwealth.co.uk

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