24th Sep 2015 07:00
MXC Capital Limited ("MXC" or the "Company")
Completion of the acquisition of MXC Holdings Limited ("Holdings")
Further to the announcement made by the Company on 9 September 2015 confirming shareholder approval of the proposed acquisition of Holdings (the "Acquisition"), MXC is now pleased to announce the completion of the Acquisition.
The Company has issued 1,649,089,816 new ordinary shares (being the "MXC Capital Consideration Shares") to the selling shareholders of Holdings as consideration for the Acquisition. Application has been made for the MXC Capital Consideration Shares to be admitted to trading on AIM, effective 29 September 2015 ("Admission").
Following Admission, the total number of exercisable voting rights in the Company will be 3,165,350,992 which 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.
Contact
MXC Capital Limited | +44 (0)20 7965 8149 |
Marc Young |
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Zeus Capital Limited (Nominated adviser and broker) | +44 (0)20 3829 5000 |
Nick How |
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Alma PR |
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Josh Royston Hilary Buchanan | +44 (0)7780 901979 +44 (0)7515 805218 |
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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.
Related Shares:
MXCP.L