Mercia Asset Management PLC is pleased to announce its interim results for the six months ended 30 September 2023. Mark Payton, Chief Executive Officer of Mercia, commented: “Mercia has never been financially stronger. The first six months of FY24 have witnessed record revenues derived predominantly from Mercia’s profitable and cash generative third-party fund management operations.
Mercia Asset Management PLC today announces that it is commencing a share buyback programme of up to £5.0million. The Share Buyback Programme will be for on market purchases of up to £5.0million worth of Ordinary shares in the Company (the “Maximum Monetary Amount”) in accordance with certain pre-set parameters (the “Share Buyback”). The Share Buyback
Join Dr Paul Mattick for a 30 minute, high-level and informative briefing where he provides insightful reactions and a comprehensive briefing on the key announcements from the Chancellor’s Autumn Statement. Visit Mercia’s EIS area
Mercia announced the profitable sale of nDreams to Aonic for an enterprise value of £90.3million. CEO, Dr Mark Payton spoke to Tom Warner of Proactive to detail more about the exponential growth of one of the leading VR studios in the world, and explains Mercia’s role as a supportive investor in the UK’s startup landscape.
Mercia is pleased to announce the profitable sale of nDreams Limited to Aonic AB for an enterprise value of £90.3million ($110million). Mercia held a 33.2% direct stake in nDreams, resulting in total consideration of £30.2million, split £26.4million in cash proceeds and £3.8million re-invested into Aonic itself. This exit results in a 2.7x return on invested
Organisations have been laser focussed on protecting their own networks, applications, physical premises and people against cyber security attacks but have neglected their exposure to suppliers. Indeed, over the past 3 years, a staggering 73% of organisations have been affected by a third-party security breach. Helping these businesses toughen their resilience against such attacks, cyber
The entrepreneurial journey is as demanding as it is rewarding, calling upon a blend of courage, innovation, and persistence. Founders embark on this voyage with aspirations to disrupt industries and introduce groundbreaking ideas. However, the path is lined with personal and professional obstacles that, if ignored, can impede the health of the entrepreneur and the
As a financial adviser, you understand the important role of EIS investments can play in your clients’ portfolios. However, to do so you need to pay attention to one crucial factor: speed. Speed of deployment is vital, impacting the timing of investments and how quickly investors can access tax relief. In 2023, deployment has slowed
Whether it’s expanding a service line, undertaking market-leading research, developing a new product or simply growing your business, grant funding could be the answer. Tatton Consulting work with leading UK companies to design, develop and prepare award-winning funding applications for Innovate UK and all major UK grant competitions. Join us for our next webinar with
Dr. Paul Mattick details the Northen VCTs past performances and explains about the new £60million Shares Offers. This webinar will also provide financial advisers and wealth managers all the information needed to recommend Northern VCTs to your clients. (Capital at Risk. Past performance is not a reliable indicator of future return) Visit Mercia’s EIS area