MXC Capital Limited Purchase of IDE Shares (6061K)
11 April 2018 - 10:46PM
UK Regulatory
TIDMMXCP
RNS Number : 6061K
MXC Capital Limited
11 April 2018
MXC Capital Limited
("MXC")
Purchase of IDE Shares
MXC Capital Limited (AIM: MXCP) announces that on 10 April 2018
it bought 1.8 million ordinary shares of 2.5 pence each in the
capital of IDE Group Holdings plc ("IDE") ("IDE Shares"), at a
price of 13 pence per IDE Share.
Following this purchase, MXC holds 43,960,000 IDE Shares,
representing 21.9% of its issued share capital.
IDE is a mid-market network, cloud and IT Managed Services
provider listed on the AIM market of the London Stock Exchange.
Further details about IDE (including latest financial reports) are
available at www.idegroup.com.
MXC Capital Limited
Ian Smith
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Giles Balleny
+44 (0)20 3829 500
About MXC Capital (www.mxccapital.com)
MXC is a specialist adviser and investor 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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