MERCIA ASSET MANAGEMENT PLC (MERC) — Interim Results

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a047ae-056e-7a10-970d-f5b4812808c1 Created: 2026-08-28T09:24:16.392Z Duration: 2009.535 Channels: 1 00:00:00.799 -- 00:00:03.120 Good afternoon, and welcome to the MERCIA ASSET 00:00:03.120 -- 00:00:05.360 MANAGEMENT PLC investor presentation. 00:00:05.520 -- 00:00:07.919 Throughout this recorded presentation, investors will be in 00:00:07.919 -- 00:00:10.160 a listen only mode. Questions are encouraged and 00:00:10.160 -- 00:00:11.759 can be submitted at any time via the 00:00:11.759 -- 00:00:13.280 q and a tab situated on the right 00:00:13.280 -- 00:00:15.275 hand corner of your screen. Simply type in 00:00:15.275 -- 00:00:17.675 your questions and press send. The company may 00:00:17.675 -- 00:00:19.195 not be in a position to answer every 00:00:19.195 -- 00:00:21.515 question it receives during the meeting itself. However, 00:00:21.515 -- 00:00:23.515 the company can review all questions submitted today 00:00:23.515 -- 00:00:25.435 and publish responses where it's appropriate to do 00:00:25.435 -- 00:00:27.515 so. Before we begin, I'd like to submit 00:00:27.515 -- 00:00:29.550 the following poll. And then I'd like to 00:00:29.550 -- 00:00:31.550 hand you over to Mark Payton, CEO. Good 00:00:31.550 -- 00:00:32.590 afternoon, sir. 00:00:32.990 -- 00:00:35.950 Good afternoon, and good afternoon, everybody, and thank 00:00:35.950 -- 00:00:38.910 you for your attention today to MERCIA's interim 00:00:38.910 -- 00:00:41.950 results for the financial year 2025. 00:00:44.495 -- 00:00:48.254 I'm Mark Payton, CEO, cofounder of MERCIA, a 00:00:48.254 -- 00:00:52.015 broad background in commercialization of tech and innovation 00:00:52.015 -- 00:00:53.855 with a heavy focus on life science and 00:00:53.855 -- 00:...