Manx Financial Group PLC (AIM:MFX) acquired additional 15% stake in Beer Swaps Limited for £0.3 million on June 14, 2021. Post completion, Manx Financial Group PLC holds 90% stake in Beer Swaps Limited. Manx Financial Group PLC retains an option to acquire the remaining shares by February 2025. Manx Financial Group PLC, banking subsidiary, Conister Bank Limited has provided an initial £5.0 million Wholesale Funding Agreement to fund Beer Swaps Limited's further expansion. As of December 31, 2020 Beer Swaps Limited reported revenue of £0.6 million and net assets standing at £0.2 million. Roland Cornish and James Biddle of Beaumont Cornish Limited acted as financial advisor for Manx Financial Group PLC. Manx Financial Group PLC (AIM:MFX) completed the acquisition of additional 15% stake in Beer Swaps Limited on June 14, 2021.