REG - Mercia Asset Mgt PLC - Transaction in Own Shares

Mercia Asset ManagementAnnouncement

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RNS Number : 4069P  Mercia Asset Management PLC  02 July 2025

 RNS  2 July 2025

 

Mercia Asset Management PLC

 

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

 

Transaction in Own Shares

 

 

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 made the following purchases of ordinary shares in the
capital of the Company ("Ordinary Shares") on the London Stock Exchange,
pursuant to the Share Buyback Programme announced on 1 July 2025.

 

 Date of purchase                                                1 July 2025
 Number of Ordinary Shares purchased (aggregated volume):        90,000
 Highest price paid per Ordinary Share (pence):                  34.09
 Lowest price paid per Ordinary Share (pence):                   34.09
 Volume weighted average price paid per Ordinary Share (pence):  34.09
 Venue where Ordinary Shares are traded                          London Stock Exchange (AIM)

The Company intends to cancel the shares. Following the purchase, the number
of Ordinary Shares in issue and admitted to trading on AIM will be 431,365,017
(excluding treasury shares), and the Company is holding 15,224,506 Ordinary
Shares in treasury.

 

This figure of 431,365,017 Ordinary Shares may be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

The Company will make further announcements in due course following the
completion of any further purchases pursuant to the Share Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the schedule below contains detailed information about the
purchases made by Canaccord Genuity Limited on behalf of the Company.

 

 

Individual transactions:

 Number of shares purchased  Transaction price (pence per share)  Time of transaction  Trading venue
 90,000                      34.09                                10:35:58             London Stock Exchange (AIM)

 

- 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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