RNS Number : 5824F
Mercia Technologies PLC
29 July 2016
For immediate release
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29 July 2016
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Mercia Technologies PLC
("Mercia" or the "Company")
Publication of Annual Report
Mercia Technologies PLC (AIM: MERC), which is focused on the creation,
funding and scaling of innovative technology businesses with high growth potential from the UK regions,
announces that the Company's Annual Report and Accounts for the year ended 31 March 2016 is being posted to shareholders today.
An electronic copy will also be available today on the Company's website at http://www.merciatechnologies.com/.
For further information, please contact:
Mercia Technologies PLC
Mark Payton, Chief Executive Officer
Martin Glanfield, Chief Financial Officer
www.merciatechnologies.com
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+44 (0)330 223 1430
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Cenkos Securities plc
Ivonne Cantu / Mark Connelly (NOMAD)
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+44 (0)20 7397 8900
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Buchanan
Sophie McNulty, Victoria Hayns, Stephanie Watson
www.buchanan.uk.com
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+44 (0)20 7466 5000
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About Mercia Technologies PLC
Mercia is a national investment group focused on the creation, funding and scaling of innovative
businesses with high growth potential from the UK regions. Mercia employs 60 people across six offices and it has one of the
largest university networks in the UK with 18 university partnerships across the Midlands, the North of England and Scotland.
These partnerships provide access to high quality, regional deal flow which accounts for approximately one third of Mercia's
investments.
Mercia's 'Complete Capital Solution' enable it to scale businesses via its third party funds (with
more than £220.0million under management) and then over time Mercia identifies its 'Emerging Stars' which it can provide further
capital to using its own balance sheet.
Mercia focuses on sourcing and scaling businesses across four sectors: Digital & Digital Entertainment;
Life Sciences and Bio-sciences; Software & the Internet and; Electronics, Materials &
Manufacturing/Engineering.
In a recent report (Source: Beauhurst, The Deal, 2015/16), Mercia was found to be the fifth most
active investor in the UK and the fourth most active in technology. Since its IPO in December 2014, the Company continues
to seek early stage third party investment opportunities and it has directly invested over £24.0million across its portfolio of
Emerging Stars. In addition to providing its direct investments with the required capital, Mercia also supports the management
teams to build towards exits that will realise incremental value for Mercia shareholders over the medium term.
This information is provided by RNS
The company news service from the London Stock Exchange
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