Transaction in Own Shares
Mercia Asset Management PLC has repurchased a total of 200,000 ordinary shares between October 8th and October 14th, 2026, as part of its ongoing share buyback program. The volume-weighted average price paid for these shares was 29.44 pence, with individual purchases ranging from 28.00 pence to 30.50 pence. Following these repurchases, the company will have 419,464,454 ordinary shares in issue, excluding treasury shares, and holds 11,226,903 ordinary shares in treasury. Additionally, 10,000 ordinary shares were transferred from treasury on October 12th to satisfy employee share options.
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| RNS | 15 October 2026 |
Mercia Asset Management PLC
("Mercia", the "Company" or the "Group")
Transaction in Own 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 it has made the following purchases of Ordinary shares in the capital of the Company ("Ordinary Shares") on the London Stock Exchange, pursuant to the Share Buyback Programme announced on 1 April 2026, for the period from 8 October 2026 to 14 October 2026 (the "Period").
| Date of purchase: | Number of Ordinary Shares repurchased: | Highest price paid per Ordinary Share (p): | Lowest price paid per Ordinary Share (p): | Volume weighted average price paid (p) |
|---|---|---|---|---|
| 08-Oct-26 | 80,000 | 28.00 | 28.00 | 28.00 |
| 09-Oct-26 | 25,000 | 30.00 | 30.00 | 30.00 |
| 12-Oct-26 | 40,000 | 30.50 | 30.50 | 30.50 |
| 13-Oct-26 | 20,000 | 30.50 | 30.50 | 30.50 |
| 14-Oct-26 | 35,000 | 30.50 | 30.50 | 30.50 |
The Company intends to cancel the shares.
The Company also announces that on 12 October 2026, the Company transferred 10,000 Ordinary Shares from Treasury to satisfy the exercise of employee share options.
Following the purchase, the number of Ordinary Shares in issue and admitted to trading on AIM will be 419,464,454 (excluding treasury shares), and the Company is holding 11,226,903 Ordinary Shares in treasury.
This figure of 419,464,454 Ordinary Shares may be used by shareholders in the Company 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, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited for the Period, on behalf of the Company, as part of the Share Buyback Programme on both an aggregate and individual trade basis:
Aggregate information:
| Venue | Volume Weighted Average Price (p) | Aggregated Volume | |||
|---|---|---|---|---|---|
| AIMX | 29.44 | 200,000 | |||
| Individual transactions: | |||||
| Date of Transaction: | Volume | Price per Ordinary Share (p) | Transaction Time | Trading Venue | Transaction Reference |
| 08-Oct-26 | 80,000 | 28.00 | 08:29:33 | AIMX | 00113461656TRLO1 |
| 09-Oct-26 | 25,000 | 30.00 | 16:42:13 | AIMX | 00113544631TRLO1 |
| 12-Oct-26 | 40,000 | 30.50 | 10:37:20 | AIMX | 00113561517TRLO1 |
| 13-Oct-26 | 20,000 | 30.50 | 14:29:52 | AIMX | 00113615229TRLO1 |
| 14-Oct-26 | 10,000 | 30.50 | 13:15:43 | AIMX | 00113654322TRLO1 |
| 14-Oct-26 | 15,000 | 30.50 | 12:59:16 | AIMX | 00113653884TRLO1 |
| 14-Oct-26 | 10,000 | 30.50 | 13:00:48 | AIMX | 00113653921TRLO1 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.