11 Apr 2018 13:46
MXC Capital Limited
("MXC")
Purchase of IDE Shares
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.
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.