Mercia Asset Management (MERC)

Sector:

Financials

Index:

FTSE AIM All-Share

 29.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 35.60
  • 52 Week Low: 21.00
  • Currency: UK Pounds
  • Shares Issued: 431.10m
  • Volume: 70,181
  • Market Cap: £127.17m
  • RiskGrade: 167

Mercia Technologies chief investment officer steps down

By Michele Maatouk

Date: Tuesday 17 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Mercia Technologies' chief investment officer, Matthew Mead, has stepped down with immediate effect to pursue a portfolio advisory career, with current head of technology investments, Julian Viggars, promoted to the role.
Following a handover period, Mead will remain working with the group as venture partner, sitting on several investment panels for the company's managed funds.

Viggars has more than 20 years of venture capital experience, including the successful listings of companies such as Blue Prism Group and Xeros Technology. He joined Mercia though the 2016 acquisition of Enterprise Ventures and has worked closely with Mead in leading the combined investment teams and managing the pipeline of Mercia's "emerging stars".

Chief executive officer Mark Payton said: "I'd like to thank Matt for his work during the last three years. Working with Julian, he has provided valuable leadership in combining both Mercia's existing and Enterprise Ventures' investment teams, as well as offering important insight across all four of our technology sectors, including leading Mercia's recent successful exit from Science Warehouse. We look forward to continuing to work with him in his future advisory role as a Venture Partner.

"We are pleased to welcome Julian Viggars onto Mercia's board as chief investment officer and believe that his significant technology investment experience and successful exit track record will undoubtedly benefit the group as it enters its next phase of value creation and realisations."

At 1500 BST, the shares were flat at 39p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MERC Market Data

Currency UK Pounds
Share Price 29.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 35.60
52 Week Low 21.00
Volume 70,181
Shares Issued 431.10m
Market Cap £127.17m
RiskGrade 167

MERC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.82% above the market average38.82% above the market average38.82% above the market average38.82% above the market average38.82% above the market average
7.41% above the sector average7.41% above the sector average7.41% above the sector average7.41% above the sector average7.41% above the sector average
Price Trend
34.96% above the market average34.96% above the market average34.96% above the market average34.96% above the market average34.96% above the market average
13.79% above the sector average13.79% above the sector average13.79% above the sector average13.79% above the sector average13.79% above the sector average
Income
68.22% below the market average68.22% below the market average68.22% below the market average68.22% below the market average68.22% below the market average
84.85% below the sector average84.85% below the sector average84.85% below the sector average84.85% below the sector average84.85% below the sector average
Growth
94.86% below the market average94.86% below the market average94.86% below the market average94.86% below the market average94.86% below the market average
88.99% below the sector average88.99% below the sector average88.99% below the sector average88.99% below the sector average88.99% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MERC Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 28-Sep-23
Paid 10-Jan-24 27-Oct-23
Amount 0.35p 0.53p

Trades for 17-Jun-2024

Time Volume / Share Price
10:00 7,189 @ 29.90p
09:16 62,992 @ 29.28p

MERC Key Personnel

CEO Mark Andrew Payton
CFO Martin James Glanfield

Top of Page