21 Feb 2018 07:00
MXC Capital Limited
("MXC")
Exercise of Castleton Option
MXC Capital Limited (AIM: MXCP) announces that it has exercised its options in Castleton Technology plc ("Castleton"), which will result in a cash payment to MXC of £1.66 million on 1 April 2018. Following the exercise, MXC no longer holds any options in Castleton but continues to hold ordinary shares which represent 25.4% of the issued share capital.
MXC Capital Limited
Ian Smith
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Giles Balleny
+44 (0)20 3829 500
About MXC Capital (www.mxccapital.com)
MXC is a specialist adviser and investor 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.