RNS |
27 July 2018 |
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 2018 is being posted to shareholders today. An electronic copy is also now available 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 |
+44 (0)20 7397 8900 |
Stephen Keys, Camilla Hume (NOMAD and Joint Broker)
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Canaccord Genuity Limited |
+44 (0)20 7523 8000 |
Simon Bridges, Emma Gabriel (Joint Broker) |
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Buchanan |
+44 (0)20 7466 5000 |
Bobby Morse, Chris Lane, Stephanie Watson |
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About Mercia Technologies PLC
Mercia is a national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions. Mercia benefits from 19 university partnerships and nine 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 c.£400.0million funds under management following recent 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 £63.0million directly across its portfolio of 'Emerging Stars'.