The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMercia Asset Share News (MERC)

Share Price Information for Mercia Asset (MERC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 32.70
Bid: 32.00
Ask: 33.40
Change: 0.00 (0.00%)
Spread: 1.40 (4.375%)
Open: 32.70
High: 32.70
Low: 32.70
Prev. Close: 32.70
MERC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Mattioli Woods revenue grows, CMO prices IPO

Tue, 06th Jul 2021 21:36

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

----------

Mattioli Woods PLC - Leicester-based asset manager - Revenue grew 7% in year ended May 31 from prior year, company says in a trading update. Profit was in line with management's expectations after a "significant increase in new business generation." Assets under management were GBP12.0 billion at the year end.

----------

Mercia Asset Management PLC - West Midlands-based asset manager - Revenue increases 51% to GBP19.2 million in year ended March 31, from GBP12.7 million in previous year. Swings to a pretax profit of GBP34.0 million from a loss of GBP17.6 million. Declares final dividend of 0.3p per share, bringing the full-year total to 0.4p per share.

----------

Churchill China PLC - Stoke-based ceramic tableware maker - Reinstates interim dividend of 6.7p per share after improved trading continues throughout June. Revenue in May and June recovered to the 2019 level, and forward order book is good.

----------

Artemis Alpha Trust PLC - investor in listed and unlisted companies - Swings to pretax profit of GBP67.1 million in year ended April 30, from a loss of GBP16.5 million in previous year. Net asset value per share increases 54% to 476.17p from 309.38p, outperforming the FTSE All-Share's 26% rise. Declares final dividend per share of 3.19p, up from 3.10p in financial 2020.

----------

Jupiter Green Investment Trust PLC - investor in environmental stocks - Swings to pretax return of GBP17.9 million in year ended March 31, from a loss of GBP2.4 million in the previous year. Undiluted net asset value per share rises 54% in the year to 266.73 pence from 173.31p, lagging the MSCI World Small Cap Index, which rose 61%. Declares final dividend per share of 0.64p, down from 1.3p in financial 2020.

----------

Miton UK MicroCap Trust PLC - investor in micro-cap stocks - Swings to pretax return of GBP60.3 million in year ended April 30, from a loss of GBP6.6 million. Net asset value per share jumps to 104.83p from 51.33p. Recommends final dividend of 0.01p per share, funded from reserves as the revenue per share was in deficit in 2021 financial year.

----------

Geiger Counter Ltd - Jersey-based investor in uranium exploration and production stocks - Swings to pretax profit of GBP16.5 million in six months ended March 31, from a loss of GBP4.7 million in the same period last year. Net asset value per share rises to 34.24p from 16.47p in the period, and now stands at 42.52p. Company remains confident for the long-term outlook for uranium as governments invest in nuclear power.

----------

CMO Group PLC - Plymouth-based online building materials retailer - Expects to list on AIM on Thursday, with 72.0 million shares priced at 132p each. IPO will raise GBP27.3 million, giving a market capitalisation of GBP95 million.

----------

Fragrant Prosperity Holdings Ltd - British Virgin Islands-based special purpose acquisition company - Ciitech Ltd, the company being bought by Fragrant Prosperity, raises GBP2.1 million in convertible loan notes.

----------

FastForward Innovations Ltd - Guernsey-based investor in technology and life sciences companies - Buys GBP175,000 of Ciitech's convertible loan notes.

----------

Getech Group PLC - Leeds-based provider of geological services to the energy and mining industries - H2Green unit signs memorandum of understanding with Eversholt Rail to develop hydrogen-supply infrastructure for the UK railway. "The next stage of the strategic partnership will be the development of commercial propositions for rail hydrogen supply systems, which H2Green and Eversholt Rail will together present to transport operators, infrastructure companies, and relevant government departments and agencies," company says.

----------

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
3 Dec 2018 13:11

Monday broker round-up

(Sharecast News) - Dunelm: Peel Hunt upgrades to buy with a target price of 750p.

Read more
3 Dec 2018 11:32

Mercia Technologies Outlook Confident As Profit Rises In First Half

LONDON (Alliance News) - Mercia Technologies PLC on Monday said profit grew in the first half of its current financial year on the increased value of its portfolio.The UK technology said to

Read more
3 Dec 2018 10:11

Mercia Technologies profits soar as revenues strengthen and expenses narrow

(Sharecast News) - Mercia Technologies saw interim profits soar as a result of increased performance fees and narrowed expenses.

Read more
16 Oct 2018 11:42

Mercia Technologies Invests GBP500,000 In Medical Firm Locate Bio

LONDON (Alliance News) - Mercia Technologies PLC said Tuesday it invested GBP500,000 in medical device company Locate Bio Ltd, taking its stake to 6%.Mercia explained that Locate Bio is a

Read more
16 Oct 2018 09:23

Mercia Technologies invests £0.5m into medical firm Locate Bio

(Sharecast News) - High-growth technology investor Mercia Technologies announced a new direct investment of £0.5m into Locate Bio on Tuesday.

Read more
21 Sep 2018 11:24

Mercia Technologies investee companies reach 'significant' milestones

(Sharecast News) - Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make "good overall progress".

Read more
21 Sep 2018 10:42

Mercia Tech Chases New Investments As Current Investees Perform Well

LONDON (Alliance News) - The chairman of Mercia Technologies PLC said Friday the company was seeing an increasing number of investment opportunities, whilst its existing investments continue to by

Read more
16 Aug 2018 09:04

Mercia's nDreams wins multi-million contract with VR company

(Sharecast News) - National investment group Mercia Technologies announced on Thursday that investee company nDreams has won a multi-million dollar contract with an unnamed virtual reality technology company.

Read more
12 Jun 2018 12:29

Mercia Technologies Appoints Caroline Plumb As Non-Executive Director

LONDON (Alliance News) - Mercia Technologies PLC said Tuesday it has appointed Caroline Plumb as non-executive director with immediate effect.Plumb is the co-founder and non-executive chair

Read more
27 Apr 2018 10:32

Xeros Technology Non-Executive Viggars To Resign Amid Promotion

LONDON (Alliance News) - Xeros Technology Group PLC, a garment cleaning technology developer, said Friday that Non-Executive Director Julian Viggars will resign from the company in May following -

Read more
26 Mar 2018 15:00

Mercia Technologies Fully Pays GBP2.0 Million Deferred Consideration

LONDON (Alliance News) - Mercia Technologies PLC said Monday it has fully paid the GBP2.0 million deferred consideration for its March 2016 takeover of Ventures

Read more
22 Mar 2018 14:14

Mercia Technologies Backs Investee Voxpopme With Further GBP1 Million (ALLISS)

LONDON (Alliance News) - Investment firm Mercia Technologies PLC said Thursday it has invested a further GBP1.0 million in investee company Voxpopme is a which

Read more
18 Jan 2017 12:14

Mercia invests in battery innovator Faradion

(ShareCast News) - Innovative technology investment group Mercia Technologies announced a new direct investment of up to £1.9m in Faradion, a company focused on the development and commercialisation of advanced, low-cost battery materials, on Wednesday. The AIM-traded company said the investment is

Read more
16 Dec 2016 17:28

UPDATE: Mercia, OT3 VCT To Gain From Sale Of Allinea To ARM

Read more
16 Dec 2016 10:15

Mercia Tech sells emerging star Allinea Software for £18m

(ShareCast News) - Investment firm Mercia Technologies has sold its emerging star software business, to ARM, a semiconductor intellectual property company, for £18.1m, which is 21 times the original investment. The company sold Allinea Software, which develops tools for developing and optimising hig

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.