SAYE options exercise and Treasury Shares Transfer
Summary by AI BETAClose X
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RNS |
3 November 2026 |
Mercia Asset Management PLC
("Mercia", the "Company" or the "Group")
Exercise of Save as You Earn ("SAYE") options and Transfer of Treasury Shares
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 2 November 2026, the Company transferred 1,456,597 Ordinary shares of £0.00001 ("Ordinary Shares") from Treasury to satisfy the exercise by employees of SAYE options.
The Company confirms that as at 2 November 2026, its issued share capital consisted of 420,591,051 Ordinary Shares, all with voting rights. In addition, 9,760,306 shares are currently held in Treasury. The total number of voting rights in the Company as at 2 November 2026 is therefore 420,591,051 and this figure may therefore be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, to the Company.
Following the exercise of their SAYE options, the PDMRs listed below hold the following Ordinary Shares:
|
PDMR |
Role |
Number of SAYE options exercised |
Number of Ordinary Shares |
|
Mark Payton* |
Executive Director (PDMR) |
89,527 |
7,732,692 |
|
Martin Glanfield** |
Executive Director (PDMR) |
89,527 |
2,344,928 |
|
James Sly |
Group Finance Director (PDMR) |
89,527 |
166,450 |
* Including 12,793 Ordinary Shares held by Katharine Yeo
** Including 125,784 Ordinary Shares held by Bryonie Glanfield
The notifications below are made in accordance with the requirements of the Market Abuse Regulations.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Mark Payton |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
Executive Director (PDMR) |
||||
|
b) |
Initial notification / amendment |
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Mercia Asset Management PLC |
||||
|
b) |
LEI |
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 the transaction
|
Acquisition of 89,527 Ordinary shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
89,527 20.72p |
||||
|
e) |
Date of the transaction |
2 November 2026 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Martin Glanfield |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
Executive Director (PDMR) |
||||
|
b) |
Initial notification / amendment |
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Mercia Asset Management PLC |
||||
|
b) |
LEI |
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 the transaction
|
Acquisition of 89,527 Ordinary shares |
||||
|
c)
|
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
89,527 20.72p |
||||
|
e) |
Date of the transaction |
2 November 2026 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
James Sly |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
PDMR |
||||
|
b) |
Initial notification / amendment |
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Mercia Asset Management PLC |
||||
|
b) |
LEI |
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 the transaction
|
Acquisition of 89,527 Ordinary shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
89,527 20.72p |
||||
|
e) |
Date of the transaction |
2 November 2026 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
- Ends -
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For further information, please contact: |
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Mercia Asset Management PLC |
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|
Mark Payton, Chief Executive Officer |
|
|
Martin Glanfield, Chief Financial Officer |
|
|
+44 (0)330 223 1430 |
|
|
|
|
|
Canaccord Genuity Limited (NOMAD and Joint Broker) |
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|
Simon Bridges, Emma Gabriel, Harry Rees |
+44 (0)20 7523 8000 |
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|
|
|
Singer Capital Markets (Joint Broker) |
|
|
Charles Leigh-Pemberton |
+44 (0)20 7496 3000 |
|
|
|
|
Cardew Group (PR Adviser) |
|
|
Tania Wild, Luke Bramwell |
|
|
+44 (0)20 7930 0777 |
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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