27 Sep 2016 07:00
27 September 2016
MXC Capital Limited
("MXC" or the "Company")
Director and Concert Party dealings pursuant to Tender Offer
and Total Voting Rights
The Company was today notified of the following share dealings executed by directors and certain members of the MXC Concert Party on 22 September 2016 at 3.60 pence per ordinary share pursuant to the August 2016 Tender Offer:
Name | Number of ordinary shares prior to Tender Offer | % of total voting rights prior to Tender Offer | Number of ordinary shares sold pursuant to Tender Offer | Number of ordinary shares following Tender Offer | % of total voting rights following Tender Offer |
Marc Young | 104,767,872 | 3.06% | (2,555,313) | 102,212,559 | 3.03% |
Peter Rigg* | 9,647,540 | 0.28% | (235,305) | 9,412,235 | 0.28% |
Paul Guilbert | 822,403 | 0.02% | - | 822,403 | 0.02% |
Ian Smith | 529,673,593 | 15.49% | (15,123,078) | 514,550,515 | 15.27% |
Tony Weaver | 589,339,422 | 17.24% | (16,802,141) | 572,537,281 | 16.99% |
Martin Bolland | 218,946,733 | 6.40% | (5,340,164) | 213,606,569 | 6.34% |
*1,896,780 ordinary shares held by Nikki Rigg, wife of Peter Rigg.
Marc Young, Ian Smith, Tony Weaver and Martin Bolland along with MXC Holdings Limited, other members of the Company's advisory committee, senior employees and related persons form the MXC Concert Party. Following completion of the Tender Offer and accounting for the recent issue of 33,333,333 new ordinary shares to a MXC Capital Operating Partner, the percentage of total issued share capital in the Company held by the MXC Concert Party has decreased from 62.79% to 62.47%.
Total Voting Rights
Following the cancellation of the ordinary shares purchased pursuant to the recently completed tender offer and the recent issue of 33,333,333 new ordinary shares, the total number of exercisable voting rights in the Company is 3,369,310,770. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
MXC Capital Limited
Marc Young
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How/Giles Balleny
+44 (0)20 3829 5577
Alma PR
Josh Royston / Hilary Buchanan
+44 (0)7780 901979/+44 (0) 7515 805218
About MXC Capital (www.mxccapital.com)
MXC (AIM:MXCP) 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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Marc Young | ||||
2. | Reason for the Notification | |||||
a) | Position/status | CEO of MXC Capital Limited | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MXC Capital Limited | ||||
b) | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value | ||||
Identification code | GG00BSBMMk42 | |||||
b) | Nature of the transaction | Sale of ordinary shares pursuant to tender offer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
2,555,313 ordinary shares of no par value sold at 3.6 pence per ordinary share | ||||
e) | Date of the transaction | 22 September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Peter Rigg and Nikki Rigg | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Peter is Non-Executive Director of MXC Capital Limited Nikki Rigg is Peter's wife | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MXC Capital Limited | ||||
b) | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value | ||||
Identification code | GG00BSBMMK42 | |||||
b) | Nature of the transaction | Sale of ordinary shares pursuant to tender offer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
235,305 ordinary shares of no par value sold at 3.6 pence per ordinary share | ||||
e) | Date of the transaction | 22 September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Andrew Ian Smith | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Co-founder of MXC Capital Limited | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MXC Capital Limited | ||||
b) | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value | ||||
Identification code | GG00BSBMMK42 | |||||
b) | Nature of the transaction | Sale of ordinary shares pursuant to tender offer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
15,123,078 ordinary shares of no par value sold at 3.6 pence per ordinary share | ||||
e) | Date of the transaction | 22 September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Anthony Weaver | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Co-founder of MXC Capital Limited | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MXC Capital Limited | ||||
b) | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value | ||||
Identification code | GG00BSBMMK42 | |||||
b) | Nature of the transaction | Sale of ordinary shares pursuant to tender offer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
16,802,141 ordinary shares of no par value sold at 3.6 pence per ordinary share | ||||
e) | Date of the transaction | 22 September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
5. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Martin Bolland | ||||
6. | Reason for the Notification | |||||
a) | Position/status | Member of Advisory Board | ||||
b) | Initial notification/Amendment | Initial notification | ||||
7. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MXC Capital Limited | ||||
b) | LEI | n/a | ||||
8. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value | ||||
Identification code | GG00BSBMMK42 | |||||
b) | Nature of the transaction | Sale of ordinary shares pursuant to tender offer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
5,340,164 ordinary shares of no par value sold at 3.6 pence per ordinary share | ||||
e) | Date of the transaction | 22 September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||