Picture of Mercia Asset Management logo

MERC Mercia Asset Management News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsAdventurousSmall CapHigh Flyer

REG - Mercia Asset Mgt PLC - Director/PDMR Dealings

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250729:nRSc8794Sa&default-theme=true

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  Ordinary shares of £0.00001 each

      Identification code                                          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    45,422

                                                                   32.50p    90,849

                                                                   32.88p    51,479

                                                                   32.95p    2,939

 d)   Aggregated information

      - Aggregated volume                                          190,689

      - Price                                                      32.60p

 e)   Date of the transaction                                      28 July 2025
 f)   Place of the transaction                                     AIM (AIMX)

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  Ordinary shares of £0.00001 each

      Identification code                                          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                                          157,475

      - Price                                                      33.24p

 e)   Date of the transaction                                      28 July 2025
 f)   Place of the transaction                                     AIM (AIMX)

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  Ordinary shares of £0.00001 each

      Identification code                                          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                                          97,570

      - Price                                                      32.45p

 e)   Date of the transaction                                      28 July 2025
 f)   Place of the transaction                                     AIM (AIMX)

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                                                             +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, 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 (mailto: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".

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPKFBKOBKDBOB

Recent news on Mercia Asset Management

See all news