MXC Capital Limited (AIM:MXCP) announces a share repurchase program. Under the program, the company will repurchase up to 1,460,942 ordinary shares, representing 2.17% of its issued share capital, for total worth of £1.7 million. The shares will be repurchased at a price of 116 pence per share is equal to the NAV per share as at August 31, 2019. The shares repurchased will be cancelled. The purpose of the share repurchases is to return cash to shareholders. The offer is subject to shareholders approval at a General Meeting to be held on October 17, 2019. The company fixed October 15, 2019, as record date for the offer. The offer is valid till October 18, 2019.