19 Nov 2018 07:00
MXC Capital Limited
("MXC")
Purchase of Adept4 Shares
MXC Capital Limited (AIM: MXCP) announces that on 16 November 2018 it bought 11.3 million ordinary shares of 1 penny each in the capital of Adept4 plc ("AD4") ("AD4 Shares"), at a price of 1.1 pence per AD4 Share.
Following this purchase, MXC holds 68,066,275 AD4 Shares, representing 29.98% of its issued share capital.
AD4 delivers IT as a service to small and medium sized businesses across the UK and is listed on the AIM market of the London Stock Exchange. Further details about AD4 (including latest financial reports) are available at www.adept4.co.uk.
MXC Capital Limited
Ian Smith
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How
+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.