Issue of Equity / Total Voting Rights

MXC Capital Limited

("MXC" or the "Company")

Issue of Equity/ Total Voting Rights

MXC Capital Limited (AIM: MXCP), the technology focused merchant bank, announces that, following receipt of a notice of exercise of options by a former employee of the Company's predecessor, 2ergo, the Company has allotted 6,400,000 new ordinary shares of no par value in the capital of the Company ("New Ordinary Shares").

Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to become effective at 8.00 a.m. on 27 November 2017.

Following Admission, the total number of exercisable voting rights in the Company will be 3,357,767,484. 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 Limited

Marc Young

+44(0)20 7965 8149

Zeus Capital Limited (Nominated adviser and broker)

Giles Balleny

+44 (0)20 7533 7727

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.