Direct Investments

Result of General Meeting & Completion of Placing

Mercia Technologies PLC has announced that at its General Meeting held earlier today all resolutions were duly passed.

Accordingly, and as set out in the announcement dated 31 January 2017, the Company now has the requisite authority to complete the placing of 86,956,521 new Ordinary shares with new and existing shareholders at a price of 46 pence per Ordinary share to raise, in aggregate, £40.0million before expenses (the "Placing").

To read the full RNS announcement, click here.