Source - RNS
RNS Number : 8796K
MXC Capital Limited
27 September 2016
 

27 September 2016

 

MXC Capital Limited

                                                                        ("MXC" or the "Company")

Director and Concert Party dealings pursuant to Tender Offer

and Total Voting Rights

The Company was today notified of the following share dealings executed by directors and certain members of the MXC Concert Party on 22 September 2016 at 3.60 pence per ordinary share pursuant to the August 2016 Tender Offer:

 

Name

Number of ordinary shares prior to Tender Offer

% of total voting rights prior to Tender Offer

Number of ordinary shares sold pursuant to Tender Offer

Number of ordinary shares following Tender Offer

% of total voting rights following Tender Offer

Marc Young

104,767,872

3.06%

(2,555,313)

102,212,559

3.03%

Peter Rigg*

9,647,540

0.28%

(235,305)

9,412,235

0.28%

Paul Guilbert

822,403

0.02%

-

822,403

0.02%

Ian Smith

529,673,593

15.49%

(15,123,078)

514,550,515

15.27%

Tony Weaver

589,339,422

17.24%

(16,802,141)

572,537,281

16.99%

Martin Bolland

218,946,733

6.40%

(5,340,164)

213,606,569

6.34%

*1,896,780 ordinary shares held by Nikki Rigg, wife of Peter Rigg.

Marc Young, Ian Smith, Tony Weaver and Martin Bolland along with MXC Holdings Limited, other members of the Company's advisory committee, senior employees and related persons form the MXC Concert Party.  Following completion of the Tender Offer and accounting for the recent issue of 33,333,333 new ordinary shares to a MXC Capital Operating Partner, the percentage of total issued share capital in the Company held by the MXC Concert Party has decreased from 62.79% to 62.47%.

 

Total Voting Rights

Following the cancellation of the ordinary shares purchased pursuant to the recently completed tender offer and the recent issue of 33,333,333 new ordinary shares, the total number of exercisable voting rights in the Company is 3,369,310,770.  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)

Nick How/Giles Balleny

+44 (0)20 3829 5577

 

 

Alma PR

Josh Royston / Hilary Buchanan

+44 (0)7780 901979/+44 (0) 7515 805218

 

About MXC Capital (www.mxccapital.com)

MXC (AIM:MXCP) 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.



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Marc Young

2.               

Reason for the Notification

a)

Position/status

CEO of MXC Capital Limited

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MXC Capital Limited

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of no par value

Identification code

GG00BSBMMk42

b)

Nature of the transaction

Sale of ordinary shares pursuant to tender offer

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.6 pence

2,555,313

d)

Aggregated information:

·      Aggregated volume

·      Price

 

2,555,313 ordinary shares of no par value sold at 3.6 pence per ordinary share

e)

Date of the transaction

22 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market

 



 

 

 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Rigg and Nikki Rigg

2.               

Reason for the Notification

a)

Position/status

Peter is Non-Executive Director of MXC Capital Limited

Nikki Rigg is Peter's wife

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MXC Capital Limited

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of no par value

Identification code

GG00BSBMMK42

b)

Nature of the transaction

Sale of ordinary shares pursuant to tender offer

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.6 pence

235,305

d)

Aggregated information:

·      Aggregated volume

·      Price

 

235,305 ordinary shares of no par value sold at 3.6 pence per ordinary share

e)

Date of the transaction

22 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market

 



 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Ian Smith

2.               

Reason for the Notification

a)

Position/status

Co-founder of MXC Capital Limited

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MXC Capital Limited

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of no par value

Identification code

GG00BSBMMK42

b)

Nature of the transaction

Sale of ordinary shares pursuant to tender offer

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.6 pence

15,123,078

d)

Aggregated information:

·      Aggregated volume

·      Price

 

15,123,078 ordinary shares of no par value sold at 3.6 pence per ordinary share

e)

Date of the transaction

22 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market

 



 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anthony Weaver

2.               

Reason for the Notification

a)

Position/status

Co-founder of MXC Capital Limited

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MXC Capital Limited

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of no par value

Identification code

GG00BSBMMK42

b)

Nature of the transaction

Sale of ordinary shares pursuant to tender offer

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.6 pence

16,802,141

d)

Aggregated information:

·      Aggregated volume

·      Price

 

16,802,141 ordinary shares of no par value sold at 3.6 pence per ordinary share

e)

Date of the transaction

22 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market

 



 

5.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Martin Bolland

6.               

Reason for the Notification

a)

Position/status

Member of Advisory Board

b)

Initial notification/Amendment

Initial notification

7.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MXC Capital Limited

b)

LEI

n/a

8.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of no par value

Identification code

GG00BSBMMK42

b)

Nature of the transaction

Sale of ordinary shares pursuant to tender offer

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.6 pence

5,340,164

d)

Aggregated information:

·      Aggregated volume

·      Price

 

5,340,164 ordinary shares of no par value sold at 3.6 pence per ordinary share

e)

Date of the transaction

22 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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