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Last checked at 
30 Nov 2023 07:00
RNS 30 November 2023
Mercia Asset Management PLC
("Mercia" the "Company" or the "Group")
Director/PDMR Dealings
Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£1.5billion of assets under management, announces that it has received notification of the following transaction relating to Ordinary shares of £0.00001 each in the capital of Mercia ("Ordinary Shares") by a Director and PDMR of the Company as follows:
· Martin Glanfield, Director and Chief Financial Officer of the Company, became beneficially interested in a further 145,829 Ordinary Shares. These shares were bought yesterday at 28.80p per share by his SIPP.
Following the above transaction, Mr Glanfield is beneficially interested in the following number of Ordinary Shares:
Director/PDMR | Number of Ordinary Shares | Percentage of issued Ordinary share capital |
Martin Glanfield* | 1,744,947 | 0.4 |
* Including 165,254 Ordinary shares held by Bryonie Glanfield
The notification below is made in accordance with the requirements of the Market Abuse Regulations
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 145,829 Ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 29 November 2023 | ||||
f) | Place of the transaction | AIM (AIMX) | ||||
-Ends-
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
|
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 |
Harry Gooden, James Moat | |
| |
FTI Consulting | +44 (0)20 3727 1051 |
Tom Blackwell, Jenny Boyd | |
mercia@fticonsulting.com |
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 venture, private equity, debt and proprietary 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, 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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