Result of Annual General Meeting

MXC Capital Limited

("MXC" or the "Company")

Result of Annual General Meeting

MXC (AIM: MXCP), the technology focused adviser and investor, announces that at its Annual General Meeting ("AGM") held earlier today, all of the resolutions proposed, as set out in the Notice of AGM, were duly passed.

As a result, the share capital consolidation (the "Consolidation"), being the consolidation of every 50 existing ordinary shares of no par value each into one new ordinary share of no par value each ("New Ordinary Shares") has been approved and is expected to become effective as from 8 a.m. tomorrow, 15 February 2019. As from this time, the Company's ISIN Code will be GG00BGK3LD00 and its SEDOL Code will be BGK3LD0.

Following completion of the Consolidation the Company will have 67,203,349 New Ordinary Shares in issue. There are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 67,203,349; this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company.

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.