Business
AGM statement
AGM statement.
About this update from Mercia Asset Management Plc
[{"type":"text","content":"\n \nRNS Number : 9512Q Mercia Technologies PLC 18 September 2017 \n\n \n\n\n\n\nFor Immediate Release \n\n\n18 September 2017\n\n\n\n\n\n\n\n\n\n\n\n\n \nMercia Technologies PLC\n(\"Mercia\" or the \"Group\")\n \nAGM Statement\n \nMercia Technologies PLC (AIM: MERC), the national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions, is today holding its Annual General Meeting. The Non-executive Chair, Susan Searle, will make the following remarks at the meeting: \n\"I am pleased to say that since our 31 March year end the Group's direct investment portfolio has continued to make good overall progress, with significant commercial milestones being achieved by a number of our investee companies and syndicated funding rounds, involving both new and existing co-investors, completed by Impression Technologies, nDreams, Oxford Genetics and Warwick Audio Technologies.\"\n\"Our focus remains on growing the net asset value of the Group's direct investments by utilising Mercia's differentiated model to create long term value for shareholders. We look forward to updating shareholders on further positive progress throughout the year.\"\nEnds \nFor further information, please contact:\n\n\n\n\nMercia Technologies PLC\nMark Payton, Chief Executive Officer\nMartin Glanfield, Chief Financial Officer\nwww.merciatech.co.uk \n \n\n\n+44 (0)330 223 1430\n \n\n\n\n\nCenkos Securities plc\nStephen Keys, Camilla Hume (NOMAD)\n \n\n\n+44 (0)20 7397 8900\n\n\n\n\nBuchanan\nBobby Morse, Victoria Hayns, Stephanie Watson\nwww.buchanan.uk.com\n\n\n+44 (0)20 7466 5000\n\n\n\n\n \nAbout Mercia Technologies PLC\nMercia 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 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\".\nMercia's 'Complete Capital Solution' initially nurtures businesses via its third party funds (now with circa £336.5million under management following re...