RNS 21 July 2017
Mercia Technologies PLC
('Mercia' or the 'Company')
Publication of Annual Report
Mercia Technologies PLC (AIM: MERC), the national investment group focused on the creation/identification, funding and scaling of innovative technology businesses with high growth potential from the UK regions, announces that the Company's Annual Report and Accounts for the year ended 31 March 2017 is being posted to shareholders today. An electronic copy will also be available today on the Company's website at www.merciatech.co.uk
For further information, please contact:
Mercia Technologies PLC Mark Payton, Chief Executive Officer Martin Glanfield, Chief Financial Officer
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+44 (0)330 223 1430
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Cenkos Securities PLC Ivonne Cantu / Mark Connelly (NOMAD) |
+44 (0)20 7397 8900 |
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Buchanan Bobby Morse / Victoria Hayns / Stephanie Watson |
+44 (0)20 7466 5000 |
About Mercia Technologies PLC
Mercia is a national investment group focused on the creation/identification, funding and scaling of innovative businesses with high growth potential from the UK regions. Mercia benefits from 18 university partnerships and offices across the Midlands, the North of England and Scotland providing it with access to high quality, regional deal flow. Mercia Technologies PLC is quoted on AIM with the epic "MERC".
Mercia's 'Complete Capital Solution' initially nurtures businesses via its third party funds (now with more than £336.5million under management following the latest mandate wins) and then over time Mercia can provide further funding to its 'Emerging Stars' by deploying direct investment follow-on capital from its own balance sheet. Since its IPO in December 2014, Mercia has invested over £41.0million directly across its portfolio of 'Emerging Stars'.