MERCIA ASSET MANAGEMENT PLC (MERC) — Full Year Results

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a0430c-dfcd-7792-aa70-06132940ab6c Created: 2026-08-27T11:49:08.557Z Duration: 1845.839 Channels: 1 00:00:00.799 -- 00:00:02.879 Good afternoon, and welcome to the MERCIA ASSET 00:00:02.879 -- 00:00:04.880 MANAGEMENT PLC investor presentation. 00:00:04.880 -- 00:00:07.200 Throughout this recorded presentation, investors will be in 00:00:07.200 -- 00:00:09.440 listen only mode. Questions are encouraged and could 00:00:09.440 -- 00:00:10.880 be submitted at any time via the q 00:00:10.880 -- 00:00:12.400 and a tab situated on the right hand 00:00:12.400 -- 00:00:14.265 corner of your screen. Simply type in your 00:00:14.265 -- 00:00:16.425 questions and press send. The company may not 00:00:16.425 -- 00:00:18.025 be in a position to answer every question 00:00:18.025 -- 00:00:20.265 it receives during the meeting itself. However, the 00:00:20.265 -- 00:00:22.345 company can review all questions submitted today and 00:00:22.345 -- 00:00:24.505 publish responses where it's appropriate to do so. 00:00:24.665 -- 00:00:26.185 Before we begin, I'd like to submit the 00:00:26.185 -- 00:00:27.950 following poll. I'd now like to hand you 00:00:27.950 -- 00:00:30.430 over to Mark Payton, CEO. Good afternoon, sir. 00:00:30.670 -- 00:00:33.790 Good afternoon, and welcome everybody to MERCIA's preliminary 00:00:33.790 -- 00:00:34.590 report 00:00:34.670 -- 00:00:38.190 results for the 03/31/2026. 00:00:39.735 -- 00:00:42.215 Now for those of you that have not 00:00:42.215 -- 00:00:44.215 met Martin and I, we'll we'll just quickly 00:00:44.215 -- 00:00:45.495 introduce ourselves. 00:00:45.895 -- 00:00:47.894 MERCIA was originally 00:00:47.975 -- 00:00:50.774 established as a sort of scalable platform to 00:00:50.774 -- 00:...