REG - Mercia Asset Mgt PLC - Warwick Acoustics Update

Mercia Asset ManagementAnnouncement

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RNS Number : 2964C  Mercia Asset Management PLC  29 April 2026

 RNS             29 April 2026

 

Mercia Asset Management PLC

 

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

 

Warwick Acoustics technology features in world's first automotive
electrostatic audio system

 

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused
private asset manager with over £2.0 billion of assets under management, is
pleased to announce that Warwick Acoustics Limited ("Warwick Acoustics"), one
of its direct portfolio companies, is supplying components for an automotive
electrostatic audio system. The "SV Electrostatic Sound" system was announced
today by Range Rover.

 

The launch marks a major commercial milestone for Warwick Acoustics. It
follows more than a decade of technology development, strategic support and
backing from Mercia and represents the transition of Warwick Acoustics'
electrostatic audio technology into commercial production vehicles.

 

Mercia holds a fully diluted direct stake of 30.7% in Warwick Acoustics.

 

Mark Payton, CEO of Mercia Asset Management PLC, said: "This is a landmark
achievement for Warwick Acoustics, one of Mercia's largest direct investment
holdings. After more than a decade of development, this launch represents the
point at which deep-tech innovation and persistence have translated into
commercial production with a global automotive manufacturer.

 

"This is a powerful example of the commercial and technical progress being
delivered across Mercia's direct investment portfolio."

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law in
the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 and
as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this announcement, this
information is now considered to be in the public domain.

 

- 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, Emma Gabriel, Harry
Rees
+44 (0)20 7523 8000

 

Singer Capital Markets (Joint Broker)

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

 

FTI Consulting

Tom Blackwell, Thomas Lodge
                                             +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, development capital, property finance 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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