MXC Capital Limited Sale of Castleton Shares (3483Y)

TIDMMXCP

RNS Number : 3483Y

MXC Capital Limited

20 August 2018

MXC Capital Limited

("MXC" or the "Company")

Sale of Castleton Shares

MXC (AIM: MXCP), the technology focused adviser and investor, announces that on 17 August 2018 it sold 295,066 ordinary shares of 2 pence each in the capital of Castleton Technology plc ("Castleton") ("Castleton Shares") at a price of 104.5954 pence per Castleton Share (the "Sale").

Following the Sale, MXC holds 5,685,423 Castleton Shares in total, representing 7.0% of the issued share capital of Castleton. The proceeds of the Sale will be used in line with MXC's stated strategy of investing in technology companies.

Castleton is a leading supplier of complementary software and managed services to the public and not-for-profit sectors listed on the AIM market of the London Stock Exchange. Further details about Castleton (including latest financial reports) are available at www.castletonplc.com.

MXC Capital Limited

Ian Smith

[phone]

Zeus Capital Limited (Nominated adviser and broker)

Giles Balleny

[phone]

   About MXC Capital Limited               www.mxccapital.com 

MXC is a specialist technology adviser and investor with a track record of investing in and advising companies in the TMT sector. MXC brings 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 combine to grow shareholder value.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 20, 2018 12:10 ET (16:10 GMT)