25 sep 25   mercia asset mgt plc - agm statement mercia asset management plc | merc | 33.0 0 0.0% | mkt cap: 142.3m    rns number : 6788a mercia asset management plc 25 september 2025   rns 25 september 2025   mercia asset management plc   ("mercia", the "group" or the "company")   agm statement   mercia asset management plc (aim: merc), the regionally focused, private capital asset manager with c.£2.0billion of assets under management, is holding its annual general meeting at 10.00am today. the non-executive chair, ian metcalfe, will make the following remarks at the meeting:   "mercia has made a positive start to the current financial year across its many equity and debt fund mandates. the group remains well placed to continue to deploy capital across its fund portfolios, by supporting both existing portfolio companies, as well as adding new investments, as a result of our continuing significant liquidity and wide ranging deal flow networks.   "the group remains well positioned to continue executing on its strategy of growing funds under management combined with the resultant economies of scale, to drive financial performance and deliver increasing returns to shareholders.   "we remain debt free and are maintaining an excellent cash position which is c.£35million currently. at the time of our preliminary announcement in july 2025 we initiated an annual share buyback policy of £3.0million, of which c.32% has been completed thus far. we are optimistic for continuing profitable progress in the second half of the financial year."   -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) 330 233 1430 canaccord genuity limited (nomad and joint broker) simon bridges, andrew potts, harry gooden +44 (0) 20 7523 8000 singer capital markets (joint broker) charles leigh-pemberton +44 (0) 20 7496 3000 fti consulting tom blackwell, jenny boyd +44 (0) 20 3727 1051   about mercia asset management plc mercia is a private capital asset manager focused on supporting regional smes to achieve their growth aspirations. mercia provides capital across its four asset classes of venture, debt, private equity and proprietary capital: the group's 'complete connected capital'.   the group has a strong uk footprint through its 11 regional offices, extensive local adviser and personal networks, and university partnerships, providing it with access to high-quality deal flow.   mercia asset management plc is quoted on aim with the epic "merc".   this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   agmseafdleiseeu return to news summary

Label: Neutral