Mercia Asset Share News (MERC)

Mercia Asset Management acquires company; profit down, dividend up

(Alliance News) - Mercia Asset Management PLC on Tuesday said it acquired the entire share capital of Birmingham-based regional lender Frontier Development Capital, while it also announced its profit was down and declared an increased interim dividend.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Afentra extends deadline; Gama Aviation wins contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Mercia Asset Management makes two new direct invesments

(Sharecast News) - Regionally-focussed specialist asset manager Mercia Asset Management announced two new direct investments on Tuesday, into Axis Spine Technologies and Nova Pangaea Technologies.

IN BRIEF: Mercia Asset hails strong liquidity position, business model

Mercia Asset Management PLC - regionally focused specialist asset manager - Attributes the recurring profit it derived through investment activities in both its fund management business and from the balance sheet portfolio to its "differentiated business model". Adds that it also benefits from its "strong" liquidity position. Says this ensures support for its direct and managed funds' investment portfolios and the continued deployment of capital into new investment opportunities.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Mercia Asset Management annual assets grow and ups payout

Mercia Asset Management PLC - regionally focused specialist asset manager – Assets under management end March 31 at GBP959.2 million versus GBP939.9 million at the same point a year prior. Third-party funds under management slip to around GBP758 million from GBP764 million.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Belluscura to raise GBP5 million; React buys

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: TruFin raises GBP10 million, Afentra preferred bidder

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Mercia firm nDreams raises £20.1m from new investor

(Sharecast News) - Mercia Asset Management announced a £20.1m third-party investment round into its largest direct investee by fair value on Tuesday, virtual reality (VR) games developer nDreams.

Mercia Asset rises as company gains 33% stake in VR game developer

(Alliance News) - Mercia Asset Management PLC said on Tuesday it completed a GBP20.1 million third-party investment round into nDreams Ltd.

IN BRIEF: Mercia notes GBP40 million raise by three of its VCTs

Mercia Asset Management PLC - Henley-in-Arden, England-based investment company - Three Northern Venture Capital Trusts have raised GBP40 million in new capital through offers launched in January.

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Canaccord Genuity nudges up target price on Mercia Asset Management

(Sharecast News) -