Transfer of Treasury Shares

Mercia Asset Management PLC

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

Transfer of Treasury Shares

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist alternative asset manager with over £1.8billion of assets under management, announces that on 18 June 2025, the Company transferred 26,664 Ordinary shares of 0.001p ("Ordinary Shares") from Treasury to satisfy the exercise of employee share options by a good leaver.

The Company confirms that as at 23 June 2025, its issued share capital consisted of 431,455,017 Ordinary Shares, all with voting rights. In addition, 15,224,506 shares are currently held in Treasury. The total number of voting rights in the Company as at 23 June 2025 is therefore 431,455,017 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.