Conister Trust, which today ( Monday November 12th) has moved into new custom made offices in the Isle of Man Business Park, has raised over
7 million pounds by selling more than 8 million shares at 85 pence each to Helvetica Strategic Holdings. .
It will give Helvetica a 16.5% share holding.
The firm says it is to use the proceeds to fund the development costs of the
prepaid card business, new banking initiatives and to strengthen the balance
sheet.
Energy and food security "two most important things", says MHK
Douglas North's John Wannenburgh believes these are the two main components that will determine the Island's survival
Gatwick drop-off fee rises again
Heads up for Manx air passengers travelling to London
Isle of Man inflation holds steady at 2.8 percent in November
Food, hospitality and education costs continue to rise, while falls in energy prices help offset pressures
New Costa Coffee store opens on Peel Promenade
Based in the former Harbour Lights premises on Shore Road
