REG - Mercia Asset Mgt PLC - Board Appointment

Mercia Asset ManagementAnnouncement

20/10/2025 07:00

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RNS Number : 9103D  Mercia Asset Management PLC  20 October 2025

 RNS  20 October 2025

 

Mercia Asset Management PLC

 

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

 

Board Appointment

 

 

Mercia Asset Management PLC (AIM: MERC), the regionally focused, private
capital asset manager with c.£2.0billion of assets under management, is
pleased to announce the appointment of Janine Nicholls as a Non-executive
Director of the Company with effect from 20 October 2025.  Janine will become
Chair of Mercia's Audit & Risk Committee when Dr. Jonathan Pell retires
from the Board later this year.

 

Having qualified as a Chartered Accountant with PwC, Janine has more than 30
years' experience in private equity and financial services and has recently
stepped down as COO of Snowball Impact Management, a multi-asset impact
investor, following its sale to Tribe Impact Capital.  She previously held
the same role at private equity firms GHO Capital and Hermes GPE.

 

Janine is currently a Non-executive Director on the board of ICG Enterprise
Trust PLC and recently resigned as a Non-executive Director from Calculus VCT
PLC, where she was Chair of the Audit Committee.

 

Ian Metcalfe OBE, DL, Non-executive Chair of Mercia said:

"We are delighted to welcome Janine to the Board and as our new Chair of the
Audit & Risk Committee in due course. A Chartered Accountant, Janine is an
experienced NED and Audit & Risk Chair, with an emphasis on private equity
and venture capital. She has deep practical and operational experience in this
space, and demonstrates a clear understanding of the current compliance and
control environment - both financial and risk. We are confident Janine will
make a strong contribution to the Board, and we look forward to her joining
us."

 

Pursuant to Schedule 2(g) of the AIM Rules for Companies, Janine Nicholls
(aged 57) has held the following directorships and partnerships in the past
five years:

 

Current (as at 20 October 2025)

 

·       ICG Enterprise Trust PLC

·       Feman Consulting Limited

 

Previous (last five years)

 

·       Calculus VCT
PLC

·       Snowball Impact Management Limited

·       Sevenoaks Hockey Club Ltd

 

Janine Nicholls does not hold any shares in the Company.

 

There is no further information required to be disclosed in respect of the
above appointment pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for
Companies.

 

 

- Ends -

 

For further information, please contact:

 

Mercia Asset Management PLC

Mark Payton, Chief Executive Officer

Martin Glanfield, Chief Financial Officer

www.mercia.co.uk (http://www.mercia.co.uk)
 
+44 (0)330 223 1430

 

Canaccord Genuity Limited (NOMAD and Joint Broker)

Simon Bridges, Andrew Potts, Harry Gooden
                                    +44 (0)20 7523 8000

 

Singer Capital Markets (Joint Broker)

Charles Leigh-Pemberton
 
      +44 (0)20 7496 3000

 

FTI Consulting

Tom Blackwell, Jenny Boyd
 
     +44 (0)20 3727 1051

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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