REG - Mercia Asset Mgt PLC - AGM Statement

Mercia Asset ManagementAnnouncement

Thu 07:00

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RNS Number : 6788A  Mercia Asset Management PLC  25 September 2025

RNS

25 September 2025

 

Mercia Asset Management PLC

 

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

 

AGM Statement

 

Mercia Asset Management PLC (AIM: MERC), the regionally focused, private
capital asset manager with c.£2.0billion of assets under management, is
holding its Annual General Meeting at 10.00am today. The Non-executive Chair,
Ian Metcalfe, will make the following remarks at the meeting:

 

"Mercia has made a positive start to the current financial year across its
many equity and debt fund mandates. The Group remains well placed to continue
to deploy capital across its fund portfolios, by supporting both existing
portfolio companies, as well as adding new investments, as a result of our
continuing significant liquidity and wide ranging deal flow networks.

 

"The Group remains well positioned to continue executing on its strategy of
growing funds under management combined with the resultant economies of scale,
to drive financial performance and deliver increasing returns to shareholders.

 

"We remain debt free and are maintaining an excellent cash position which is
c.£35million currently. At the time of our Preliminary Announcement in July
2025 we initiated an annual share buyback policy of £3.0million, of which
c.32% has been completed thus far. We are optimistic for continuing profitable
progress in the second half of the financial year."

 

-Ends-

 

For further information, please contact:

 

 Mercia Asset Management PLC                         +44 (0) 330 233 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

 

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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