Directorate Change - NED Appointment

4 March 2019

MXC Capital Limited 

("MXC" or the "Company") 

Directorate Change - Non-Executive Director Appointment

MXC (AIM: MXCP), the technology focused adviser and investor, is pleased to announce the appointment of Simon Freer as Non-executive Director, effective immediately.  

Simon has over 20 years' experience operating and investing in technology, media and telecoms companies. He is currently Chief Commercial Officer of Liberty Global Content Investments through which he sits on the board of a number of investee companies.  Simon is Chairman of Hong Kong based Formula E Holdings and (as disclosed below) is Non-Executive Director of the holding companies of UK media groups All3media and Constructive Media respectively.

Simon previously led the Technology, Media and Telecoms sector team at 3i and was responsible for setting investment strategy, origination, deal execution and portfolio management. Simon started his career as a strategy management consultant at Arthur Andersen.

Peter Rigg, Non-Executive Chairman of MXC, said:

"We are delighted that Simon has agreed to join us as a Non-Executive Director. He brings with him considerable experience across technology and investment, and no doubt he will make a valuable contribution to the Board of MXC."

Additional Information

The following information is being disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Simon James Christopher Freer, aged 42, is, or has during the last five years been, a director or partner of the following companies and partnerships:

Save as disclosed above, there is no further information required to be disclosed in respect of Simon Freer pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies. 

Enquiries:

MXC Capital Limited

Ian Smith

+44(0)20 7965 8149

Zeus Capital Limited (Nominated adviser and broker)

Nick How

+44 (0)20 3829 5000

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.