MXC Capital Limited Resignation as Financial Adviser to Redcentric (8865P)
23 November 2016 - 6:01PM
UK Regulatory
TIDMMXCP
RNS Number : 8865P
MXC Capital Limited
23 November 2016
23 November
MXC Capital Limited
("MXC" or the "Company")
Resignation as Financial Adviser to Redcentric plc
MXC Capital Limited (AIM: MXCP), the technology focused merchant
bank, announces that MXC Capital Markets LLP has resigned as
Financial Adviser to Redcentric Plc ("Redcentric).
Recently MXC has clearly demonstrated its continuing support for
Redcentric by acquiring a meaningful equity stake in the Company to
add to its existing holdings. MXC holds 8,159,316 Redcentric
shares. MXC also holds options and warrants over 8,692,988
Redcentric shares, which, together with the shares it now holds,
represents 10.5% of the diluted share capital of Redcentric (as
enlarged by the issue of the options and warrants).
MXC Capital Limited
Marc Young/Steven Zhang
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How/Giles Balleny
+44 (0)20 3829 5000
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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