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MXC Capital Raises Stake In Adept4 To 30% After Share Purchase (ALLISS)

19th Nov 2018 13:28

LONDON (Alliance News) - MXC Capital Ltd said Monday it bought 11.3 million shares in Adept4 PLC at 1.1 pence per share for a total of GBP124,300.

Following this purchase, MXC holds 68.1 million Adept shares or 29.98% of its issued share capital.

Adept delivers IT as a service to small and medium sized businesses across the UK and is listed on the AIM market of the London Stock Exchange. It has a market capitalisation of GBP2.5 million.

MXC shares were trading up 1.7% at 1.35p while Adept4 shares were up 3.8% at 1.09p.


Related Shares:

MXCP.LAD4.L
FTSE 100 Latest
Value8,809.74
Change53.53