MERCIA ASSET MANAGEMENT PLC (MERC) — Preliminary Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the MERCIA ASSET MANAGEMENT PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time via the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question that receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And I'd now like to hand you over to Mark Payton, CEO. Good afternoon, sir. And thank you, and welcome everybody to MERCIA's preliminary results for the twelve month period to the 03/31/2024. I'm Mark Payton, cofounder and chief executive of MERCIA. Strong background in life sciences and still have life science responsibility on certain portfolio companies. I'm joined today with Martin, Martin Glanfield, MERCIA's CFO. Yes. Good afternoon, everyone. I joined MERCIA almost ten years ago now to float MERCIA with Mark when there was just a small handful of us. My background is mainly as a CFO of listed and private equity backed technology led businesses in The UK and The US. Thank you, Martin. Also within the executive team is Julian Biggers, MERCIA's chief investment officer, and recently joining us actually from a successful OXGENE sale a while ago, which is a portfolio company. Joe Bath joins us as chief operating officer. So this slide really demonstrates and what we've been referring to the natural evolution of the business is the growth from predominantly the third party funds under management and highlights some really key features of progress made in this twelv...