Grant of Options to PDMR

Mercia Asset Management PLC

13 October 2026

 

RNS	13 October 2026

Mercia Asset Management PLC

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

Grant of Options to PDMR

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused private capital asset manager with over £2.2billion of assets under management, announces that on 12 October 2026 pursuant to the 2024 Mercia Employee Share Plan (the "ESP"), options ("Options") over 600,000 Ordinary shares of £0.00001 each in the share capital of Mercia ("Ordinary Shares") were awarded to a number of senior employees of the Company at an exercise price of 30.5 pence per Ordinary Share (being the closing mid-market price of an Ordinary Share on 12 October 2026). These Options will, subject to the satisfaction of a performance condition, vest in three equal tranches on the third, fourth and fifth anniversary of the date of grant of the Options.

Following the grant of the Options above, the Company has an aggregate of 27,119,097 vested and unvested options in issue, equating to 6.21% of the existing issued share capital of the Company.

Following the grant of these Options, one PDMR holds the following share options and Ordinary Shares:

PDMR	Role	Grant of options	Total number of options over Ordinary Shares	Interest in existing issued Ordinary Shares
James Sly	PDMR - Group Finance Director	250,000 Options	250,000	76,923

Notification and public disclosure of transactions by persons discharging managerial responsibilities:

1	Details of the persons discharging managerial responsibilities/person closely associated
a)	Name	(i)         James Sly, Group Finance Director
2	Reason for the notification
a)	Position/status	PDMR of the Company
b)	Initial Notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mercia Asset Management PLC
b)	Legal Entity Identifier	213800A1Q4CF57NECG66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of £0.00001 each ISIN - GB00BSL71W47
b)	Nature of transaction	Grant of options
c)	Currency	GBP
d)	Price(s) and volume(s)	Exercise Price	No. of Ordinary Shares
		£0.305	(i)            250,000
e)	Aggregate information - Aggregate volume - Price - Aggregate total	N/A - single transaction
f)	Date of the transaction	12 October 2026
g)	Place of the transaction	Outside a trading venue

-Ends-

For further information, please contact:

Mercia Asset Management PLC
Mark Payton, Chief Executive Officer
Martin Glanfield, Chief Financial Officer
www.mercia.co.uk	[phone]
Canaccord Genuity Limited (NOMAD and Joint Broker)
Simon Bridges, Emma Gabriel, Harry Rees	[phone]
Singer Capital Markets (Joint Broker)
Charles Leigh-Pemberton	[phone]
Cardew Group (PR Adviser)
Tania Wild, Luke Bramwell
[e-mail]	[phone]

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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