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MXC ups stake in Castleton through conversion of loan notes

Tue, 14th Aug 2018 09:25

(Sharecast News) - Technology-focussed advisor and investor MXC Capital has served a conversion notice with respect to the remaining convertible loan notes it holds in Castleton Technology, together with the accrued interest, amounting to £632,495 in total, it announced on Tuesday.The AIM-traded firm said the notes were convertible at 85.6p per ordinary share, therefore 738,896 new Castleton Shares had been allotted to MXC and would be issued conditional on the admission of the new shares to trading on AIM.It said admission was expected to occur at 0800 BST on 17 August.Using the mid-closing price as at 13 August of 104.5p per share, that valued the new Castleton shares at £772,146.Following admission, MXC would hold 6,080,484 Castleton shares in total, representing 7.5% of the company's issued share capital."Castleton is a leading supplier of complementary software and managed services to the public and not-for-profit sectors listed on the AIM market of the London Stock Exchange," MXC Capital explained in its statement.
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16 Jan 2017 10:51

Castleton Technology wins two new contracts worth £1.8m

(ShareCast News) - Castleton Technology, an AIM listed software and managed services provider to the public and not-for-profit sectors, has secured two new contracts for a combined value of £1.8m. The first is a 10-year contract with Ireland's Clúid Housing Association and the second is a five-year

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15 Nov 2016 09:55

Castleton Technology Wins Wentworth Housing Contract In Australia

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14 Nov 2016 14:16

Castleton Technology posts its first ever profit

(ShareCast News) - Software and managed services provider Castleton Technology announced its unaudited interim results for the six months to 30 September on Monday, a period in which the group recorded its first profit. The AIM-traded company posted revenues of £9.7m, up from £8.5m for the same peri

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19 Oct 2016 11:05

Oxford Technology Venture Capital Funds Suffer Value Drop

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5 Jul 2016 16:05

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3 May 2016 08:07

Castleton Results "Comfortably" In Line With Market Expectations

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4 Apr 2016 07:53

365 Agile Signs Licence Deal With Castleton As CEO Holyhead Leaves

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15 Mar 2016 08:33

Castleton Wins GBP5.6 Million In Software, Managed Services Deals

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1 Feb 2016 16:21

Castleton expands with Kypera acquisition

(ShareCast News) - Castleton Technology expanded its software offering, and its international reach on Monday, revealing the acquisition of Kypera Holdings. The AIM-traded software and managed services provider said the deal was wortth a net cash consideration of £3.5m, and was completed on 29 Janua

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1 Feb 2016 09:25

Castleton Technology Extends International Reach With Kypera Purchase

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27 Jan 2016 16:14

Castleton Technology In Talks With Potential Acquisition Target

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16 Dec 2015 09:48

Castleton Technology Issues Shares On Loan Note Conversion (ALLISS)

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