10 Apr 2015 07:00
MXC Capital Limited
("MXC" or the "Company")
Completion of Disposals
Further to the announcement made by the Company on 24 March 2015 in relation to the conditional agreements to dispose of two of Calyx Managed Services Limited's divisions, Break Fix to Daisy Partner Services Trading Limited and Carrier Services to Chess Limited, MXC is pleased to announce that the conditions to completion set out in both agreements have been satisfied and that both business disposals have now therefore completed.Following the completion of these transactions we expect the disposal of Calyx Managed Services Limited to Redcentric plc, as announced on 2 April 2015, to complete on or around the 13th April 2015.
MXC Capital Limited
Marc Young
+44 (0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How/John Treacy
+44 (0)20 7533 7727
Alma PR
Josh Royston / Hilary Buchanan
+44 (0)7780 901979/+44 (0) 7515 805218
About MXC Capital
MXC is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. We bring together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which we combine to grow shareholder value.