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MXCP Mxc Capital Limited

48.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mxc Capital Limited LSE:MXCP London Ordinary Share GG00BGK3LD00 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.00 43.00 53.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MXC Capital Limited Notice of Annual Results (5497V)

03/11/2017 12:54pm

UK Regulatory


Mxc Capital (LSE:MXCP)
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TIDMMXCP

RNS Number : 5497V

MXC Capital Limited

03 November 2017

MXC Capital Limited

("MXC" or the "Company")

Notice of Annual Results

The Board of MXC Capital Limited plans to announce its results for the year ended 31 August 2017 on 4 December 2017.

As outlined at the time of the Company's interim results on 10 May 2017, the Company's investments continue to perform in line with the Board's expectations.

The Company can confirm that at year end (31 August 2017) it had a Net Asset Value (NAV) of 2.05p per share with the underlying portfolio and liquid assets valued at 1.75p* per share. The closing share price on 2 November 2017 was 1.225p representing a discount of 40% to the Company's NAV.

The Company is continuing to work on a number of positive initiatives and hopes to update shareholders in more detail at the time of the final results.

The Board notes the recent movement in the Company's share price and can confirm it does not know of any material reason for the adverse movement.

* underlying portfolio and liquid asset value represents cash balances plus unaudited valuation of the Company's portfolio based on closing mid-market prices at 31 August 2017 with privately held assets valued at input cost or the latest fundraising valuation

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Enquiries:

 
 MXC Capital Limited 
 Marc Young                         +44(0)20 7965 8149 
 
 Zeus Capital Limited (Nominated 
  adviser and broker) 
 Giles Balleny/ Nick How            +44 (0)20 3829 5000 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

NORFSFFEDFWSEIF

(END) Dow Jones Newswires

November 03, 2017 08:54 ET (12:54 GMT)

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