Source - RNS
RNS Number : 6162L
MXC Capital Limited
04 October 2016
 

 

MXC Capital Limited

("MXC" or the "Company")

Issue of Equity

 

MXC Capital Limited (AIM: MXCP), the technology focused merchant bank, announces that, following receipt of two notices of exercise of options by former employees of the Company's predecessor, 2ergo, the Company has allotted 20,000,000 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 of 10,000,000 new ordinary shares is expected to become effective on 5 October 2016 ("First Admission"), and admission of the remaining 10,000,000 new ordinary shares is expected to become effective on 7 October 2016 ("Second Admission").

 

Following the First Admission, the total number of exercisable voting rights in the Company will be 3,379,310,770. Following the Second Admission, the total number of exercisable voting rights in the Company will be 3,389,310,770. These figures 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 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.

 

 


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