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Last checked at 
29 Jul 2020 14:31
RNS | 29 July 2020 |
Mercia Asset Management PLC
("Mercia" or the "Company")
Director/PDMR Dealings
Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager, announces that it has received a notification 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:
· Dr Mark Payton, Director and Chief Executive Officer of the Company, became beneficially interested in a further 51,713 Ordinary Shares. The Shares were bought on his behalf today at 19.25p per share by his ISA.
· Martin Glanfield, Director and Chief Financial Officer of the Company, became beneficially interested in a further 155,838 Ordinary Shares. The Shares were bought on his behalf today at 19.25p per share by his SIPP.
· Julian Viggars, Director and Chief Investment Officer of the Company, became beneficially interested in a further 51,150 Ordinary Shares. The Shares were bought on his behalf today at 19.20p per share by his SIPP.
· Peter Dines, Chief Operating Officer of the Company, became beneficially interested in a further 51,948 Ordinary Shares. The Shares were bought today at 19.25p per share.
Following the above transactions, Dr Payton and Messrs Glanfield, Viggars and Dines are beneficially interested in the following number of Ordinary Shares
Director/PDMR | Number of Ordinary Shares | Percentage of issued Ordinary share capital |
Dr Mark Payton | 6,851,366 | 1.56% |
Martin Glanfield | 872,810 | 0.20% |
Julian Viggars* | 633,475 | 0.14% |
Peter Dines | 238,499 | 0.05% |
*Including 75,000 Ordinary shares held by Mrs 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 | Dr 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 Identification code | Ordinary shares of £0.00001 each ISIN: GB00BSL71W47 | ||||
b)
| Nature of the transaction
| Acquisition of 51,713 Ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e) | Date of the transaction | 29 July 2020, 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 Identification code | Ordinary shares of £0.00001 each ISIN: GB00BSL71W47 | ||||
b)
| Nature of the transaction
| Acquisition of 155,838 Ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e) | Date of the transaction | 29 July 2020, 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 Identification code | Ordinary shares of £0.00001 each ISIN: GB00BSL71W47 | ||||
b)
| Nature of the transaction
| Acquisition of 51,150 Ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e) | Date of the transaction | 29 July 2020, UK | ||||
f) | Place of the transaction | AIM (AIMX) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Peter Dines | ||||
2 | Reason for the notification | |||||
a) | Position / status | 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 Identification code | Ordinary shares of £0.00001 each ISIN: GB00BSL71W47 | ||||
b)
| Nature of the transaction
| Acquisition of 51,948 Ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e) | Date of the transaction | 29 July 2020, UK | ||||
f) | Place of the transaction | AIM (AIMX) | ||||
For further information, please contact:
Mercia Asset Management PLC Mark Payton, Chief Executive Officer Martin Glanfield, Chief Financial Officer www.mercia.co.uk
| +44 (0)330 223 1430
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Canaccord Genuity Limited (NOMAD and Joint Broker) | +44 (0)20 7523 8000 |
Simon Bridges, Richard Andrews |
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N+1 Singer (Joint Broker) | +44 (0)20 7496 3000 |
Harry Gooden, James Moat |
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FTI Consulting | +44 (0)20 3727 1051 |
Tom Blackwell, Louisa Feltes, Shiv Talwar |
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mercia@fticonsulting.com |
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About Mercia Asset Management PLC
Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital: the Group's 'Complete Connected Capital'. The Group initially nurtures businesses via its third-party funds under management, then over time Mercia can provide further funding to the most promising companies, by deploying direct investment follow-on capital from its own balance sheet.
The Group has a strong UK footprint through its regional offices, 19 university partnerships and extensive personal networks, providing it with access to high-quality deal flow. Mercia currently has c.£800million of assets under management and, since its IPO in December 2014, has invested over £96million into its direct investment portfolio.
Mercia Asset Management PLC is quoted on AIM with the epic "MERC".
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