Director/PDMR Dealings

Mercia Asset Management

29/07/2025 07:00

RNS Number : 8794S

Mercia Asset Management PLC

29 July 2025

 

RNS
29 July 2025

 

Mercia Asset Management PLC

 

("Mercia", the "Company" or the "Group")

 

Director/PDMR Dealings

 

Mercia Asset Management PLC (AIM: MERC), the regionally focused, private capital asset manager with c.£2.0billion of assets under management, announces that it has received notifications of the following transactions relating to Ordinary shares of £0.00001 each in the capital of Mercia ("Ordinary Shares") by Directors and PDMRs of the Company as follows:

 

·    Mark Payton, Director and Chief Executive Officer of the Company, became beneficially interested in a further 190,689 Ordinary Shares. These shares were bought at 32.45, 32.50, 32.88 and 32.95 pence per share.

·    Martin Glanfield, Director and Chief Financial Officer of the Company, became beneficially interested in a further 157,475 Ordinary Shares. These shares were bought at 33.24 pence per share.

·    Jocelyne Bath, Chief Operating Officer of the Company, became beneficially interested in 97,570 Ordinary Shares. These shares were bought at 32.45 pence per share.

 

The personal share purchases by Messrs Payton, Glanfield and Bath (445,734 shares in total) are the re-investment of part of their 31 March 2025 net bonuses, and the shares will be held for a minimum period of one year.

 

Following the above transactions, Messrs Payton, Glanfield and Bath are beneficially interested in the following number of Ordinary Shares:

 

Director/PDMR
Number of Ordinary Shares
Percentage of issued and voting Ordinary share capital
Mark Payton*
7,521,405
1.74%
Martin Glanfield**
2,151,269
0.50%
Jocelyne Bath
97,570
0.02%

*     Including 12,793 Ordinary Shares held by Katharine Yeo

**   Including 125,784 Ordinary Shares held by Bryonie Glanfield

 

The notifications below are made in accordance with the requirements of the Market Abuse Regulations.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Payton
2
Reason for the notification
a)
Position / status
Director (PDMR)
b)
Initial notification / amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mercia Asset Management PLC
b)
LEI
213800A1Q4CF57NECG66
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.00001 each
ISIN: GB00BSL71W47
b)
Nature of the transaction
Acquisition of 190,689 Ordinary shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
32.45p
32.50p
32.88p
32.95p
45,422
90,849
51,479
2,939
d)
Aggregated information
- Aggregated volume
- Price
190,689
32.60p
e)
Date of the transaction
28 July 2025
f)
Place of the transaction
AIM (AIMX)

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Martin Glanfield
2
Reason for the notification
a)
Position / status
Director (PDMR)
b)
Initial notification / amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mercia Asset Management PLC
b)
LEI
213800A1Q4CF57NECG66
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.00001 each
ISIN: GB00BSL71W47
b)
Nature of the transaction
Acquisition of 157,475 Ordinary shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
33.24p
157,475
d)
Aggregated information
- Aggregated volume
- Price
157,475
33.24p
e)
Date of the transaction
28 July 2025
f)
Place of the transaction
AIM (AIMX)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jocelyne Bath
2
Reason for the notification
a)
Position / status
PDMR
b)
Initial notification / amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Mercia Asset Management PLC
b)
LEI
213800A1Q4CF57NECG66
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.00001 each
ISIN: GB00BSL71W47
b)
Nature of the transaction
Acquisition of 97,570 Ordinary shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
32.45p
97,570
d)
Aggregated information
- Aggregated volume
- Price
97,570
32.45p
e)
Date of the transaction
28 July 2025
f)
Place of the transaction
AIM (AIMX)

 

 

 

- Ends -

 

For further information, please contact:

 

Mercia Asset Management PLC
Mark Payton, Chief Executive Officer
Martin Glanfield, Chief Financial Officer
www.mercia.co.uk
+44 (0)330 223 1430
Canaccord Genuity Limited (NOMAD and Joint Broker)
+44 (0)20 7523 8000
Simon Bridges, Andrew Potts, Harry Gooden
Singer Capital Markets (Joint Broker)
+44 (0)20 7496 3000
Charles Leigh-Pemberton
​
FTI Consulting
+44 (0)20 3727 1051
Tom Blackwell, Jenny Boyd
mercia@fticonsulting.com


 

About Mercia Asset Management PLC

Mercia is a private capital asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of venture, debt, private equity and proprietary capital: the Group's 'Complete Connected Capital'.

 

The Group has a strong UK footprint through its 11 regional offices, extensive local adviser and personal networks, and university partnerships, providing it with access to high-quality deal flow.

 

Mercia Asset Management PLC is quoted on AIM with the EPIC "MERC".

 

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