Senior Appointment

3 November 2015

MXC Capital Limited

("MXC" or the "Company")

Senior Appointment

MXC (AIM: MXCP) the Aim quoted technology focused merchant bank is pleased to announce a senior appointment.

Gavin Lyons joins MXC as a Partner, adding strength to the team that identifies investment opportunities as well as supporting the management of our investee companies. Gavin has had a distinguished career in the TMT sector, most recently as CEO of Accumuli PLC, a successful MXC backed buy and build in the IT security sector sold to NCC Group plc for £55m. Prior to Accumuli, Gavin was Head of Telecoms & Utilities UK&I at SAP SE and held a senior position at Trend Micro Inc. having also worked at Xerox, Compuware and The Caudwell Group.

Peter Rigg, Chairman of MXC, said:

"We know Gavin well having supported him during the build of Accumuli - he has a proven management track record. Gavin is a great addition as we continue to build out our team to support our growing deal flow."

Contact

About MXC Capital

MXC 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.