REG - Mercia Asset Mgt PLC - Director/PDMR Dealings

Mercia Asset ManagementAnnouncement

30/11/2023 07:15

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RNS Number : 1374V  Mercia Asset Management PLC  30 November 2023

RNS
 
                               30 November
2023

Mercia Asset Management PLC

 

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

 

Director/PDMR Dealings

 

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused
specialist asset manager with c.£1.5billion of assets under management,
announces that it has received notification of the following transaction
relating to Ordinary shares of £0.00001 each in the capital of Mercia
("Ordinary Shares") by a Director and PDMR of the Company as follows:

 

·    Martin Glanfield, Director and Chief Financial Officer of the
Company, became beneficially interested in a further 145,829 Ordinary Shares.
These shares were bought yesterday at 28.80p per share by his SIPP.

 

Following the above transaction, Mr Glanfield is beneficially interested in
the following number of Ordinary Shares:

 

 Director/PDMR      Number of Ordinary Shares  Percentage of issued Ordinary share capital
 Martin Glanfield*  1,744,947                  0.4

* Including 165,254 Ordinary shares held by Bryonie Glanfield

 

The notification below is made in accordance with the requirements of the
Market Abuse Regulations

 

 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  Ordinary shares of £0.00001 each

      Identification code                                          ISIN: GB00BSL71W47
 b)   Nature of the transaction                                    Acquisition of 145,829 Ordinary shares

 c)   Price(s) and volume(s)

Price(s)          Volume(s)
                                                                   28.80p per share  145,829

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction

      - Price
 e)   Date of the transaction                                      29 November 2023
 f)   Place of the transaction                                     AIM (AIMX)

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

29 November 2023

f)

Place of the transaction

AIM (AIMX)

 

-Ends-

 

 

For further information, please contact:

 

 Mercia Asset Management PLC                          +44 (0)330 223 1430

 Mark Payton, Chief Executive Officer

 Martin Glanfield, Chief Financial Officer

 www.mercia.co.uk (http://www.mercia.co.uk/)

 Canaccord Genuity Limited (NOMAD and Joint Broker)   +44 (0)20 7523 8000
 Simon Bridges, Emma Gabriel

 Singer Capital Markets (Joint Broker)                +44 (0)20 7496 3000
 Harry Gooden, James Moat

 FTI Consulting                                       +44 (0)20 3727 1051
 Tom Blackwell, Jenny Boyd
 mercia@fticonsulting.com

 

About Mercia Asset Management PLC

 

Mercia is a proactive, specialist asset manager focused on supporting regional
SMEs to achieve their growth aspirations. Mercia provides capital across its
four asset classes of venture, private equity, debt and proprietary capital:
the Group's 'Complete Connected Capital'. The Group initially nurtures
businesses via its third-party funds under management, then over time Mercia
can provide further funding to the most promising companies, by deploying
direct investment follow-on capital from its own balance sheet.

 

The Group has a strong UK footprint through its regional offices, university
partnerships and extensive personal networks, 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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