REG - Mercia Asset Mgt PLC - Transfer of Treasury Shares

Mercia Asset ManagementAnnouncement

29/08/2024 10:00

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RNS Number : 1584C  Mercia Asset Management PLC  29 August 2024

 RNS  29 August 2024

 

Mercia Asset Management PLC

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

Transfer of Treasury Shares

 

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused
specialist alternative asset manager with over £1.8billion of assets under
management, announces that on 29 August 2024, the Company transferred 6,666
Ordinary shares of 0.001p ("Ordinary Shares") from Treasury to satisfy the
exercise of employee share options.

 

The Company confirms that as at 29 August 2024, its issued share capital
consisted of 431,152,389 Ordinary Shares, all with voting rights. In addition,
15,527,134 shares are currently held in Treasury. The total number of voting
rights in the Company as at 29 August 2024 is therefore 431,152,389 and this
figure may therefore be used by shareholders as the denominator for the
calculation by which they will determine if they are required to notify their
interest in, or a change in their interest in, to the Company.

 

The Company also announces that a further 49,995 Ordinary Shares will be
issued from Treasury on 2 September 2024, also to satisfy the exercise of
employee share options.

 

The Company confirms that as of 2 September 2024, its issued share capital
will consist of 431,202,384 Ordinary Shares, all with voting rights. In
addition, 15,477,139 shares will be held in Treasury. The total number of
voting rights in the Company on 2 September 2024 will therefore be 431,202,384
and this figure may be used by shareholders from that date as the denominator
for the calculation by which they will determine if they are required to
notify their interest in, or a change in their interest in, to the Company.

 

 

 

-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, private equity, debt 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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