Direct investment portfolio cash receipts update

Summary by AI BETAClose X

Mercia Asset Management PLC has announced receiving approximately £1 million in realization proceeds over the past six months from three former direct investments: Impression Technologies Ltd (£0.3 million), LM Technologies Ltd (£0.1 million), and Fortis Frontier PLC (£0.6 million). While individually not material, these receipts represent a positive cash inflow and underscore the Group's strategy of realizing value from its direct investment portfolio.

Disclaimer*

Mercia Asset Management PLC
13 May 2026
 

RNS Reach                                                                                                                                 13 May 2026

Mercia Asset Management PLC

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

Direct investment portfolio cash receipts update

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused private asset manager with over £2.0billion of assets under management, notes that the Group has received c.£1million of realisation proceeds in the last six months, from three of the Group's former direct investments.

This comprises:

Impression Technologies Ltd

£0.3million

LM Technologies Ltd

£0.1million

Fortis Frontier PLC

£0.6million

Total

£1.0million

 

Whilst these receipts are not material individually, collectively they do represent positive cash inflow to Mercia and reflect the Group's focus on realising value from the direct investment portfolio.

Mark Payton, CEO of Mercia Asset Management PLC, said: "These relatively small cash receipts are nevertheless a welcome contribution to Mercia and reflect our focus on taking every opportunity to convert even our smallest direct investments into cash, when the opportunity arises."

  

- Ends -

For further information, please contact:

 

Mercia Asset Management PLC

Mark Payton, Chief Executive Officer

Martin Glanfield, Chief Financial Officer

www.mercia.co.uk                                                                               +44 (0)330 223 1430

 

Canaccord Genuity Limited (NOMAD and Joint Broker)

Simon Bridges, Emma Gabriel, Harry Rees                                      +44 (0)20 7523 8000

 

Singer Capital Markets (Joint Broker)

Charles Leigh-Pemberton                                                                   +44 (0)20 7496 3000

 

FTI Consulting

Tom Blackwell, Thomas Lodge                                                           +44 (0)20 3727 1051

mercia@fticonsulting.com

 

About Mercia Asset Management PLC

Mercia is a private capital asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of venture, development capital, property finance and proprietary capital: the Group's 'Complete Connected Capital'.

 

The Group has a strong UK footprint through its 11 regional offices, extensive local adviser and personal networks, and university partnerships, providing it with access to high-quality deal flow.

 

Mercia Asset Management PLC is quoted on AIM with the EPIC "MERC".

 

 

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