Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMXCP.L Regulatory News (MXCP)

  • There is currently no data for MXCP

Subscription for Shares

15 Sep 2016 07:00

RNS Number : 8842J
MXC Capital Limited
15 September 2016
 

15 September 2016

 

MXC Capital Limited ("MXC" or the "Company")

 

MXC Partner invests £1 million in the Company

MXC Capital Limited (AIM:MXCP), the AIM quoted technology focused merchant bank, is pleased to announce that an Operating Partner in MXC, is investing £1 million in the Company by way of a subscription for 33,333,333 new ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 3 pence per share. The subscription price reflects the share price of MXC at the time the Operating Partner joined the Company and represents an 18% premium to the share price at which the Company recently raised capital from institutions in May 2016.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8 a.m. on 22 September 2016.

Following Admission and cancellation of the Ordinary Shares purchased pursuant to the recently completed tender offer, the total number of exercisable voting rights in the Company will be 3,302,644,104. 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 LimitedMarc Young+44(0)20 7965 8149 

Zeus Capital Limited (Nominated adviser and broker)Nick How/Giles Balleny+44 (0)20 3829 5000

Alma PRJosh 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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEAKQDQDBKBOCD
Date   Source Headline
8th Nov 201610:25 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
8th Nov 20167:00 amRNSPurchase of Redcentric Shares
20th Oct 201611:15 amRNSNotification of Adoption of FRS 101
11th Oct 201612:21 pmRNSDirector/PDMR Shareholding
7th Oct 20162:12 pmRNSDirector/PDMR Shareholding
4th Oct 20169:03 amRNSIssue of Equity
27th Sep 20167:00 amRNSDirectors and Concert Party Dealings
15th Sep 20167:00 amRNSSubscription for Shares
13th Sep 20167:00 amRNSResult of Tender Offer
8th Sep 20167:00 amRNSTrading Statement
25th Aug 20167:00 amRNSProposed Tender Offer
17th Aug 20167:00 amRNSSenior Appointment
1st Jul 20167:00 amRNSLead Adviser and Investor on £51m IPO
24th Jun 20167:00 amRNSSale of Redcentric Shares
8th Jun 201610:42 amRNSHolding(s) in Company
24th May 20167:00 amRNSFunding of £13 million
10th May 20167:00 amRNSHalf-year Report
7th Mar 20167:00 amRNSHolding(s) in Company
7th Mar 20167:00 amRNSTrading Update
4th Mar 201612:00 pmRNSDirector and Concert Party Dealings
29th Feb 20164:27 pmRNSIssue of Equity
22nd Feb 201611:30 amRNSResult of Tender Offer
16th Feb 20167:00 amRNSAdvisor to Castle Street on Acquisition
8th Feb 20164:45 pmRNSHolding(s) in Company
4th Feb 20167:00 amRNSTender Offer
1st Feb 20167:00 amRNSInvestee Companies Acquisitions
29th Jan 20164:24 pmRNSResults of Annual General Meeting
25th Jan 20167:00 amRNSLead Investor and Advisor to Pinnacle Technology
13th Jan 20161:00 pmRNSPosting of report and accounts
4th Jan 20167:00 amRNSLead Investor and Advisor to CSI Plc
15th Dec 20157:00 amRNSDirector dealings
1st Dec 20158:00 amRNSInvestment in ECV
1st Dec 20157:00 amRNSFinal Results
3rd Nov 20157:00 amRNSSenior Appointment
28th Oct 20157:00 amRNSDirectorate Change
12th Oct 20152:00 pmRNSCorrection: completion of acquisition
29th Sep 20154:07 pmRNSHolding(s) in Company
29th Sep 20157:01 amRNSCompletion of acquisition of MXC Holdings Limited
29th Sep 20157:00 amRNSLong Term Incentive Plan
24th Sep 20157:01 amRNSUpdate on Financial Reporting
24th Sep 20157:00 amRNSCompletion of acquisition of MXC Holdings Limited
9th Sep 201511:09 amRNSTrading update and Result of EGM
8th Sep 20157:00 amRNSInvestment in Sagacity
25th Aug 20157:00 amRNSAcquisition of MXC Holdings Limited
3rd Aug 20157:01 amRNSIPO of 365 Agile Ltd
26th Jun 20157:00 amRNSDirector/PDMR Shareholding
10th Jun 20157:00 amRNSAppointments
9th Jun 20157:00 amRNSHolding(s) in Company
2nd Jun 20157:00 amRNSIncrease and Exercise of Broker Option
1st Jun 20154:19 pmRNSResult of GM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.