MERCIA ASSET MANAGEMENT PLC (MERC) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the MERCIA ASSET MANAGEMENT PLC interim results investor presentation. Throughout the recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the Q and A tab situated in the right hand corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company will review all questions submitted today and publish responses when it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Mark Payton, CEO. Good afternoon, sir. Good afternoon, and welcome, welcome, everybody, to MERCIA's interim results for the period 09/30/2023. I'm sure we've presented to a number of you, but for those that are new, again, welcome. One of the changes since our last presentation, our prelims, is I'm pleased to say that the executive team has been expanded to add Joe Bath, chief operating officer to the executive team. Joe joins us from OXGEMENT where she previously was COO, a business that grew rapidly and the number that you will recall, we exited that business. It was a very strong return for our EIS funds as well as for the balance sheet, and we're pleased to welcome Jo on board. To my right, presenting later on is Martin Glanfield, MERCIA's chief financial officer. Yes. Good after everyone. I joined MERCIA as employee number seven in October 2014, just over nine years ago now, to IPO the business with MERCIA when we had £22,000,000 of funds under management. And my background is mainly as a CFO of publicly listed and privately backed technology enabled businesses in The UK and The US. Thank you, Martin. To my left is...