REG - Mercia Asset Mgt PLC - Director/PDMR Dealings
31/07/2024 07:00
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RNS Number : 4544Y Mercia Asset Management PLC 31 July 2024
31 July
2024
Mercia Asset Management PLC
("Mercia" the "Company" or the "Group")
Director/PDMR Dealings
Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused
specialist alternative asset manager with over £1.8billion 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 145,840 Ordinary Shares. These
shares were bought at 34.20p, 34.90p and 34.96p per share.
· Martin Glanfield, Director and Chief Financial Officer of the
Company, became beneficially interested in a further 119,223 Ordinary Shares.
These shares were bought at 34.50p per share.
· Julian Viggars, Director and Chief Investment Officer of the Company,
became beneficially interested in a further 100,000 Ordinary Shares. These
shares were bought at 34.80p and 34.888p per share.
The personal share purchases by Messrs Payton, Glanfield and Viggars (365,063
shares in total) are the re-investment of part of their 2023/24 net bonuses,
and the shares will be held for a minimum period of one year.
Following the above transactions, Messrs Payton, Glanfield and Viggars 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* 7,330,716 1.70%
Martin Glanfield** 1,864,170 0.43%
Julian Viggars*** 1,078,640 0.25%
* Including 12,793 Ordinary Shares held by Katharine Yeo
** Including 125,784 Ordinary Shares held by Bryonie Glanfield
*** Including 84,064 Ordinary Shares held by Emma Viggars
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 145,840 Ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
34.2000 42,806
34.9000 102,772
34.9600 262
d) Aggregated information
- Aggregated volume 145,840
- Price 34.6900
e) Date of the transaction 29 July 2024, UK
f) Place of the transaction AIM (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
145,840
34.6900
e)
Date of the transaction
29 July 2024, UK
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 119,223 Ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
34.5000 119,223
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 30 July 2024, UK
f) Place of the transaction AIM (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
30 July 2024, UK
f)
Place of the transaction
AIM (AIMX)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julian Viggars
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 100,000 Ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
34.8000 50,000
34.8880 50,000
d) Aggregated information
- Aggregated volume 100,000
- Price 34.8440
e) Date of the transaction 29 July 2024, UK
f) Place of the transaction AIM (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
100,000
34.8440
e)
Date of the transaction
29 July 2024, UK
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, Emma Gabriel
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
About Mercia Asset Management PLC
Mercia is a proactive, specialist alternative 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 regional offices, university
partnerships and extensive personal networks, 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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