MXC Capital Limited Transaction in Own Shares (2158T)
January 03 2017 - 7:34AM
UK Regulatory
TIDMMXCP
RNS Number : 2158T
MXC Capital Limited
03 January 2017
MXC Capital Limited
("MXC" or the "Company")
Transaction in Own Shares
MXC Capital Limited (AIM: MXCP), the technology focused merchant
bank, announces that, pursuant to the share buyback programme (the
"Programme") announced on 22 December 2016, it has today purchased
400,000 ordinary shares of no par value each in the capital of the
Company ("Ordinary Shares") at a volume weighted average price per
Ordinary Share of 1.785 pence ("Buyback Shares").
The Company has now purchased 800,000 Ordinary Shares in total
under the Programme.
It is intended that the Buyback Shares, along with any other
Ordinary Shares purchased by the Company pursuant to the Programme,
will be cancelled in due course and notified accordingly. Until
cancelled, the Buyback Shares will be held in treasury.
Following the purchase of the Buyback Shares, the total number
of exercisable voting rights in the Company is 3,388,510,770
(excluding treasury shares). 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.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), the schedule below contains
detailed information about the purchases made by JM Finn on behalf
of the Company as part of the Programme.
MXC Capital Limited
Marc Young
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How/ Giles Balleny
+44 (0)20 7533 7727
Alma PR
Josh Royston / Hilary Buchanan
+44 (0)7780 901979/+44 (0) 7515 805218
About MXC Capital (www.mxccapital.com)
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.
Schedule of Purchases - Individual Transactions
Number of Transaction Time of transaction Trading venue
shares purchased price (pence
per share)
------------------ -------------- -------------------- --------------
London Stock
400,000 1.785p 10:11 Exchange
------------------ -------------- -------------------- --------------
This information is provided by RNS
The company news service from the London Stock Exchange
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