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RNS Number : 4234V Mercia Asset Management PLC 15 August 2025
RNS 15 August 2025
Mercia Asset Management PLC
("Mercia", the "Company" or the "Group")
Grant of SAYE Options
Mercia Asset Management PLC (AIM: MERC), the regionally focused, private
capital asset manager with c.£2.0billion of assets under management,
announces that options ("SAYE Options") over a total of 627,638 Ordinary
shares of £0.00001 each in the capital of the Company ("Ordinary Shares")
were awarded yesterday pursuant to the 2025 Mercia Save As You Earn Share
Option Plan (the "SAYE Scheme"). The Options were granted at an exercise price
of 26.4 pence per Ordinary Share (calculated in accordance with the rules of
the SAYE Scheme). The options will vest on 1 November 2028.
These new SAYE Options have been issued within the 10.0% overall limit of the
Company's issued share capital, set by the approved Mercia 2024 Company
Employee Share Plan. Following the grant of these Options, the Company has
awarded, in aggregate, a total of 39,207,364 vested and unvested options
pursuant to the 2014 Share Plan, the 2024 Share Plan and the Save As You Earn
Plans, together equating to 8.8% of the existing issued Ordinary share capital
of the Company. Mercia's SAYE Scheme provides staff with an additional
medium term retention incentive, which is fully aligned with the Group's
shareholder value creation strategy.
- 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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