Macaulay Capital PLC Related Party Transaction (2060P)

TIDMMCAP

RNS Number : 2060P

Macaulay Capital PLC

07 February 2023

Macaulay Capital PLC

7 February 2023

Macaulay Capital PLC

("Macaulay" or the "Company")

Related Party Transaction

Change of Registered Office

Macaulay Capital PLC (AQSE:MCAP), which was formed to originate and manage corporate transactions, raise funds from third parties, invest its own funds alongside those of external investors and to manage its investment portfolio with the aim of maximising its value, announces that it has recently completed a related party transaction and changed its registered office address.

Re-charge of Operations Manager's time

It has been agreed by the board of Macaulay that the Company's operations manager will spend a proportion of his time working with a private business owned by David Horner and his wife. Under this agreement, the private business is to pay a monthly fee, equivalent to the pro-rata cost of the operations manager's employment to the Company, to Macaulay.

As David Horner is an associate of the private company, this transaction is deemed to be a related party transaction under the AQSE Rules. The directors of the Company (other than David Horner), having exercised reasonable care, skill and diligence, believe that the transaction is fair and reasonable as far as the shareholders of the Company are concerned.

Change of registered office

On 29 January 2023, the Company changed its registered office to Suite 8, Bridge House, Courtenay Street, Newton Abbot, England, TQ12 2QS.

The Directors of the Company accept responsibility for the contents of this announcement.

ENDS

Enquiries:

 
 Macaulay Capital PLC 
                                                 +44 (0)12 2554 
 Clive Milner                                     1904 
 
 Cairn Financial Advisers LLP (AQSE Corporate 
  Adviser) 
 James Caithie 
  Louise O'Driscoll                              +44 (0)20 7213 
  Emily Staples                                   0880 
 
 Oberon Capital (Broker) 
                                                 +44 (0)20 3179 
 Chris Crawford                                   5304 
 
   For more information please visit:   www.macaulaycapital.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NEXXDLFBXLLXBBK

(END) Dow Jones Newswires

February 07, 2023 08:41 ET (13:41 GMT)

Macaulay Capital (AQSE:MCAP)
過去株価チャート
から 6 2024 まで 7 2024