MXC Capital offloads Castleton shareholding

30th Aug 2018 09:57

(Sharecast News) - Technology focused adviser and investor MXC Capital has sold 5,685,423 ordinary shares of Castleton Technology at a price of 97p each, resulting in gross proceeds of £5.5m, it announced on Thursday.The AIM-traded firm said that following the Sale, MXC no longer held any Castleton Shares.It said the proceeds of the sale would be used in line with its stated strategy of investing in technology companies."Castleton is a leading supplier of complementary software and managed services to the public and not-for-profit sectors listed on the AIM market of the London Stock Exchange," the MXC board described in a statement.