MXC Capital Limited Transaction in Own Shares (6175S)

TIDMMXCP

RNS Number : 6175S

MXC Capital Limited

22 December 2016

MXC Capital Limited

("MXC" or the "Company")

Transaction in Own Shares

MXC Capital Limited (AIM: MXCP), the technology focused merchant bank, announces that, pursuant to the share buyback programme (the "Programme") announced earlier today, it has today purchased 400,000 ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") at a price of 1.77 pence share Ordinary Share ("Buyback Shares").

It is intended that the Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be cancelled in due course and notified accordingly. Until cancelled, the Buyback Shares will be held in treasury.

Following the purchase of the Buyback Shares, the total number of exercisable voting rights in the Company is 3,388,910,770 (excluding treasury shares). 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

[phone]

Zeus Capital Limited (Nominated adviser and broker)

Nick How/ Giles Balleny

[phone]

Alma PR

Josh Royston / Hilary Buchanan

[phone]/[phone]

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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December 22, 2016 06:16 ET (11:16 GMT)