Capital Markets Event

RNS Number : 6881L

Mercia Technologies PLC

05 October 2016

 

5 October 2016

Mercia Technologies PLC

("Mercia", "the Company" or "the Group")

Capital Markets Event

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, is pleased to announce that it will be hosting a Capital Markets Event on Wednesday 19 October 2016 at the office of Buchanan, 107 Cheapside, London, EC2V 6DN.

The event will provide an opportunity to meet the management teams from some of the Group's 'Emerging Stars' and see some of their exciting technologies. The Company will be represented by Mark Payton, Chief Executive Officer, Martin Glanfield, Chief Financial Officer, Matt Mead, Chief Investment Officer and Jonathan Diggines, Executive Director - Funds. The Investment Directors that lead each of Mercia's four divisions: Software & the Internet; Digital & Digital Entertainment; Electronics, Materials & Manufacturing/Engineering and Life Sciences & Biosciences will also be present.

For further details on the event and to register your interest in attending please telephone [phone] or email [e-mail].   

For further information, please contact:

Mercia Technologies PLC Mark Payton, Chief Executive Officer Martin Glanfield, Chief Financial Officer www.merciatechnologies.com	[phone]
Cenkos Securities plc Ivonne Cantu / Mark Connelly (NOMAD)	[phone]
Buchanan Sophie McNulty, Victoria Hayns, Steph Watson www.buchanan.uk.com	[phone]

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' enables 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' to which it can provide further capital using its own balance sheet.

Mercia focuses on sourcing and scaling businesses across four sectors: Software & the Internet; Digital & Digital Entertainment; Electronics, Materials & Manufacturing/Engineering and Life Sciences & Biosciences

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.

The Mercia Group comprises Mercia Technologies PLC, Mercia Fund Management Ltd and Enterprise Ventures Group Ltd. Mercia is quoted on AIM with the epic "MERC".

 

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