Mercia Asset Share News (MERC)

Monday broker round-up

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

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

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.

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

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.

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".

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

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.

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

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 -

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

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

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

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

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