11 Apr 2018 13:46
Â
MXC Capital Limited
("MXC")
Â
Purchase of IDE Shares
Â
MXC Capital Limited (AIM: MXCP) announces that on 10 April 2018 it bought 1.8 million ordinary shares of 2.5 pence each in the capital of IDE Group Holdings plc ("IDE") ("IDE Shares"), at a price of 13 pence per IDE Share.
Following this purchase, MXC holds 43,960,000 IDE Shares, representing 21.9% of its issued share capital.
IDE is a mid-market network, cloud and IT Managed Services provider listed on the AIM market of the London Stock Exchange. Further details about IDE (including latest financial reports) are available at www.idegroup.com.
Â
MXC Capital Limited
Ian Smith
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Giles Balleny
+44 (0)20 3829 500
Â
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.
Â