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MXC reduces its position in Redcentric

01 March 2017 14:30

MXC Capital said it sold a total of 1,003,000 ordinary shares of 0.1p each in the capital of Redcentric resulting in gross proceeds of £0.89m.

Following the disposal, MXC holds 6,959,304 Redcentric Shares, representing 4.68% of the issued share capital of Redcentric.

MXC also holds a further 7,000,000 options over Redcentric Shares with an exercise price of 80 pence per share.

At 2:30pm: (LON:FGT) Finsbury Growth Income Trust Plc share price was +9.75p at 693.75p

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