Mercia Asset Management Share Discussion Threads

[twaintwix] 15/5/2017 08:11

Technology investor pumps fresh funds into Warwickshire gaming firm

May 10 2017

Duncan Tift


A West Midland digital logistics platform that bridges the gap between publishers and resellers of video game content is planning growth after securing new funding.

Leamington Spa-based GENBA Digital has received an investment of £400,000 from early-stage technology investor, Mercia Fund Management.

The Warwickshire-based funder has already pumped funds into the business and since its last investment in August last year, GENBA has continued to make commercial progress.

It has developed partnerships with high-profile AAA – an informal classification used for video games with the highest development budgets and levels of promotion – publishers and well known digital e-tailers on a global basis.

GENBA is a digital supply chain services business that focuses on delivering a comprehensive suite of services and tools to enable the secure delivery of digital content and codes in the video games market.

New development features have also been added to the main platform, including further automation, key stock management, real-time reporting and analytics.

[twaintwix] 12/5/2017 11:38

hxxps://www.insidermedia.com/insider/midlands/mercia-backs-malware-detection-developer


Mercia backs malware detection developer

 8 May 2017  Midlands


Mercia backs malware detection developer

A malware detection tool has been backed by Warwickshire-based investor Mercia Fund Management.

PubGuard primarily works with digital publishers to improve ad quality and user experience.

Using Mercia's investment, the business hopes to grow its client base and expand into the US.

Chris Kilroy, investment associate at Mercia Fund Management, said: "PubGuard has developed a highly effective and unique product that helps solve one of the advertising industry's biggest problems.

"The founders have strong domain expertise combined with a deep understanding of the industry and we are incredibly confident in their ability to build a highly valuable company over the years to come."

[twaintwix] 09/5/2017 13:45

Patience!
All the news is good leading up to annual results July 3RD
Last year the share price spiked leading up to AR this year with all the extra revenue acrued it could double in value on results day!

HomeTouch adds data monitoring technology to suite of home care services

 May 03, 2017

“Partnering with Canary Care, The UK's leading online home care service offers door monitoring alert services to provide data and security to elderly”



Press Release (ePRNews.com) - CAMDEN, England - May 03, 2017 - HomeTouch (hxxp://www.myhometouch.com/), the UK market leader in online home care, today announces the availability of advanced home monitoring services for elderly clients across the UK.

Canary Care (hxxps://www.canarycare.co.uk/) is the category leader in advanced home monitoring technology for elderly residents. It’s easy to install system monitors movement, door activity and temperature levels through a series of sensors within the home – rather than cameras or microphones – to ensure both the safety and privacy of elderly residents. This partnership will enable HomeTouch to provide a new level of security for elderly people who are living at home.

hxxp://eprnews.com/hometouch-adds-data-monitoring-technology-to-suite-of-home-care-services-119794/

[twaintwix] 04/5/2017 03:03

Mercia Technolgies (MERC)


preliminary results on Monday 3 July 2017.

A possible 50%-100% gain here on the back of very strong results forecast


www.thebusinessdesk.com

May 03 2017

Nick Jackson


Mercia Technologies

Investment group Mercia Technologies has expanded its marketing team with two new appointments at its Manchester office.

Jen Lau has joined as PR Executive, having previously been a reporter with publications including the Manchester Evening News and held PR and communications roles with the LGBT Foundation and PR Agency One.

Hannah Barnao will manage the group’s events programme. Barnao joins from The Manchester College and previously ran her own events business in China.

Mercia is one of the UK’s major technology investors while its subsidiary Enterprise Ventures is one of the most active providers of debt and equity finance to SMEs.

Katy Horrocks, the group’s Marketing Director, said: “The group is growing rapidly following the recent appointment of Enterprise Ventures as fund manager for two of the Northern Powerhouse Investment Funds in Yorkshire, and Mercia’s success in raising a further £40m investment from the stock market.

“Jen and Hannah will help to raise awareness of our role as a key force in developing high-growth businesses in the UK, and will also provide marketing support to the companies in which we invest.”

[bigboots] 24/4/2017 14:15

Is anything ever going to move this share price ?

[twaintwix] 02/3/2017 09:54

This is one stock that will fly past 100p in double quick time. Totally ignored by the mainstream investor it is a gem waiting to be discovered by the savvy punter. Now is the time get in before the ramping gangs get hold of it and drive it through the roof!!!



Mercia Technologies : Aston EyeTech appoints new Chief Executive


03/01/2017 | 09:14am GMT

Birmingham, United Kingdom (PRWEB UK) 1 March 2017

Today Aston EyeTech Limited ("AET"), a world leader in ophthalmic instrumentation and diagnosis support technology, announced the appointment of Carl D Francis as Group Chief Executive.

Francis, 57, comes from the consumer electronics industry, most recently as CEO at P2i. Over the past eight years, he and his team built P2i from pre-revenue technology start-up to dominant global player in its sector.

Aston EyeTech is a technology spin out from Aston University's Bio-medical Engineering and Optometry Departments, and has developed a range of highly portable ophthalmic instrumentation which is integrated with the Company's proprietary diagnostic support software platform.

Commenting on his appointment, Francis said: "Aston EyeTech is revolutionizing the eye care ecosystem, and in the next few years will fundamentally change the way that ocular healthcare is delivered around the globe. AET has the right ingredients - game changing technology, supportive investors, and a great team – all aimed at disrupting the face of 21st century ophthalmology. I am honored to be a part of this journey".

AET Chairman John Handley said: "We are delighted to have a leader of Carl's calibre take Aston EyeTech into the future. We welcome the experience, energy and vision that he brings".

Based in Birmingham, England, Aston EyeTech was established in 2013, and is backed by Mercia Technologies, Aston University, and Finance Birmingham. The Company is planning on launching its Series A funding round mid-2017.

[twaintwix] 28/2/2017 18:17

Members’ News


News Archive





Northern Powerhouse Investment Fund wins for EV


We are delighted to advise our networks that Enterprise Ventures, part of Mercia Technologies PLC, has been successful in its bids to manage two of the British Business Bank’s (“BBB”) new Northern Powerhouse Investment Funds (“NPIF”).

Following a highly competitive procurement process managed by the BBB, the Group has secured £108.5 million across two mandates; a £57.5 million equity fund and a £51.0 million debt fund.

The funds will be focused on investing in SMEs in Yorkshire, the Humber and Tees Valley regions, where the team already has a successful track record of supporting start-up and later stage companies that have high growth potential. While the focus is on these regions, we are able to offer equity and debt finance across the entire Northern Powerhouse region.

These new fund mandate wins represent further strategic progress for Enterprise Venture’s parent company, Mercia Technologies PLC; as a result of the two awards, Mercia has increased the Group’s third party funds under management by nearly 50%, to £336.5 million.

Jonathan Diggines – Executive Director Funds said

“We are thrilled to be working with BBB to deliver these funds to Northern SMEs. The investment team has a fantastic track record and is ideally placed to manage these new mandates having already delivered several notable successes for similar public and private funds, including Blue Prism Group PLC, Optibiotix Health PLC, Xeros Technology Group plc and Concepta PLC. We are looking forward to working with the BBB to make many successful investments over the coming years.”

Dr Mark Payton, CEO of Mercia Technologies PLC, said:

“We’re delighted that, in a highly competitive field, the Group has been selected to manage two Northern Powerhouse Investment Funds. The new funds are strongly aligned with Mercia’s ‘Complete Capital Solution’ and our strategic aim to invest in the UK’s underserved regions, supporting the next generation of businesses with high growth potential, where we are already very active.

About the Fund

The Northern Powerhouse Investment Fund, which has been established in conjunction with the European Regional Development Fund (ERDF), the European Investment Bank (EIB) and the UK Government will provide small and medium businesses with increased flexibility in the types of funding available, as well as boosting investment levels in the North

[twaintwix] 28/2/2017 17:58

Seems the brexit factor has hit this share, but not to worry the government has already put in place a new deal which has more that replaced the European funding for the Northern Powerhouse




hxxp://www.msif.co.uk/msif-announces-it-will-manage-part-of-the-northern-powerhouse-investment-fund-to-support-smes-across-the-north-west

[twaintwix] 22/2/2017 20:37

One of the safest bets on AIM to double the share price in a short space of time. It has no debt, £20m in the bank, and todays contracts on top of all that, yet it is ignored by the PIs who prefer to punt and lose on mickey mouse companies with only hot air to keep them afloat!

No wonder most of you go skint backing losers that promise millions but deliver hot air instead.



RNS Number : 4808X

Mercia Technologies PLC

22 February 2017

For immediate release 22 February 2017


Mercia Technologies PLC

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

Two major contracts secured for Northern Powerhouse Funds

Mercia (AIM: MERC), the national investment group focused on the creation, funding and scaling of innovative technology businesses with high growth potential from the UK regions, is pleased to announce that it has been successful in its bids, via its wholly-owned subsidiary Enterprise Ventures Limited, to manage two of the British Business Bank's ("BBB") new Northern Powerhouse Investment Funds ("NPIF").

Following a highly competitive procurement process managed by the BBB, the Group has secured GBP108.5million across two mandates; a GBP57.5million equity fund and a GBP51.0million debt fund.

The funds will be deployed via Mercia's North of England offices, which will be focused primarily on investing in SMEs in Yorkshire, the Humber and Tees Valley regions, where the Group already has a successful track record of supporting start-up and later stage companies that have high growth potential.

These new fund mandate wins represent further strategic progress for Mercia. As a result of the two awards, Mercia has increased its third party funds under management by nearly 50% to over GBP336.5million, which over time will further increase the pipeline of potential direct investment opportunities for the Group.

Dr Mark Payton, CEO of Mercia Technologies PLC, said:

"We are delighted that, in a highly competitive field, the Group has been selected to manage two Northern Powerhouse Investment Funds. The new funds are strongly aligned with Mercia's 'Complete Capital Solution' and our strategic aim to invest in the UK's underserved regions, supporting the next generation of businesses with high growth potential, where we are already very active.

These two new funds will play a leading role in the development of innovative small businesses located in the North of England. The Group is well placed to manage these new mandates having already delivered several notable successes for similar public and private funds, including Blue Prism Group PLC, Optibiotix Health PLC, Xeros Technology Group plc and Concepta PLC. We are looking forward to working with the BBB on the successful delivery of these new mandates over the coming years.

Mercia's strategy is to create value for its shareholders and investment clients by finding and funding innovative businesses in the UK regions, initially by investing the third party funds and subsequently by taking direct stakes in 'Emerging Stars' as they successfully scale up. These two new funds will further strengthen Mercia's ability to generate attractive returns for both managed fund investors and shareholders."

The Northern Powerhouse Investment Fund project is supported financially by the European Union, attracting investment from the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020, and the European Investment Bank.

For further information, please contact:

Mercia Technologies PLC
Mark Payton, Chief Executive Officer
Martin Glanfield, Chief Financial Officer
www.merciatech.co.uk [phone]
Cenkos Securities plc
Ivonne Cantu / Mark Connelly (NOMAD) [phone]

Buchanan
Bobby Morse / Victoria Hayns / Stephanie Watson
www.buchanan.uk.com [phone]


About Mercia Technologies PLC

Mercia is a national investment group focused on the creation, funding and scaling of innovative businesses with high growth potential from the UK regions. Mercia benefits from 18 university partnerships and six offices across the Midlands, the North of England and Scotland providing it with access to high quality, regional deal flow. Mercia Technologies PLC is quoted on AIM with the epic "MERC".

Mercia's 'Complete Capital Solution' initially nurtures businesses via its third party funds (with more than GBP336.5million under management following these latest mandate wins) and then over time Mercia can provide further funding to its 'Emerging Stars' by deploying direct investment follow-on capital from its own balance sheet.

Since its IPO in December 2014, the Company has invested over GBP30.0million directly across its portfolio of 'Emerging Stars'.

About the Northern Powerhouse Investment Fund

The NPIF will invest in Microfinance, Business Loans and Equity Finance funds, ranging from GBP25,000 to GBP2.0million, specifically to help small and medium sized businesses secure the funding they need for growth and development. It is operated by British Business Financial Services Limited, wholly owned by British Business Bank, the UK's national economic development bank. Established in November 2014, its mission is to make finance markets for smaller businesses work more effectively, enabling those businesses to prosper, grow and build UK economic activity.

The NPIF is supported by the European Regional Development Fund, the European Investment Bank, the Department for Business, Energy and Industrial Strategy and British Business Finance Limited, a British Business Bank group company. It covers the following LEP areas: Tees Valley Unlimited, Greater Manchester, Cheshire and Warrington, Cumbria, Liverpool City Region, Lancashire, Humber, Leeds City Region, Sheffield City Region, York, North Yorkshire and East Riding. The appointment of the NPIF fund managers is subject to contract.

The project is receiving up to GBP140,359,192 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government is the Managing Authority for the European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit The funds which NPIF invests are open to businesses with material operations, or planning to open material operations, in, Yorkshire and the Humber, the North West and Tees Valley.

This information is provided by RNS

The company news service from the London Stock Exchange

[davebowler] 01/2/2017 14:52

New thread for Charts etc.

[nw99] 28/11/2016 08:01

Looks good bought some here

[deltrotter] 27/11/2016 11:48

Tipped by the Mail on Sunday:

[tanneg] 19/10/2016 20:44

An interesting appointment in today's RNS





Warwick Audio raising funds on Syndicate Room

hxxps://www.syndicateroom.com/warwick-audio

[modform] 11/10/2016 20:57

Pete, to be honest with you, this moves only on news only, so if you don't have the patience, it's the wrong share. I hold this and FIPP, to give me access to unquoted companies.

[petersinthemarket] 11/10/2016 20:36

Still not in yet - still looking with interest - still waiting for charts.
Anyone else prepared to fire up a new thread?
pete

[duxy786] 11/10/2016 17:34

Agreed del. Am a large holder here for the very same reason although if you look at the mix batch of companies in the portfolio, they all look pretty impressive and innovative so any one of them could potentially multibag here before VR becomes the norm.

[deltrotter] 21/7/2016 08:46

Nice turnaround here. It is a long, long term hold for me to see whether some of the companies they have invested in make it big.

nDreams could turn out to be a cracker....

[duxy786_2] 02/7/2016 01:44

Wow, some conviction, £86k buy here!

[petersinthemarket] 01/6/2016 15:53

Not in just yet mod - but interested, and watching from the sidelines - pete

[deltrotter] 26/5/2016 08:14

Thanks for the charts Marty - appreciated.

[duxy786] 26/5/2016 08:12

No time to do a chart myself, but looking very interesting. Hoping they drop it down a little so I can take a big chunk under 40p

[modform] 24/5/2016 12:45

Pete, Have you put your toe in here?I think this is good value, I got some at around 42p average entry point.

[deltrotter] 24/5/2016 08:48

Charts would be good.

I am underwater on this one but thinking I will buy some more. In particular, I reckon they could good be on to a good thing with nDreams....

There will be a lot of buzz about VR over the next 12-18 months and someone my well step in to buy them if they are not floated... All IMHO.

Cheers

Ray

[petersinthemarket] 24/5/2016 08:41

Can we have some charts here please?

[liamnich04] 20/5/2016 08:09

RNS

Mercia Technologies PLC (AIM: MERC) which is focused on the creation, funding and scaling of innovative businesses with high growth potential from the UK regions is pleased to announce that portfolio company nDreams (of which Mercia has a 40% equity stake), has been appointed by Google as one of the first developers alongside EA Games and Ubisoft to make apps and experiences for Daydream, their platform for high performance mobile Virtual Reality ("VR").

nDreams, one of the UK's largest independent developer and publisher solely focused on VR entertainment software, has two original titles in development for Daydream, each built specifically for Google's new high quality mobile VR platform. The Company is delighted to have been selected by Google to develop its first games. Having already had great success with Perfect Beach for Google Cardboard, the contract demonstrates Google's belief in the high quality experience of nDreams software and more broadly the VR sector which has an estimated value of $30 billion by 2020 across all platforms.

In addition to the two unannounced games, the nDreams team is working on The Assembly for PlayStation VR, HTC Vive, and Oculus Rift, and developing Gunner and Perfect Beach for the Samsung Gear.

Dr. Mark Payton, CEO of Mercia said:

"The nDreams appointment by Google is a clear demonstration of Mercia's success in investing and mentoring UK technology businesses. We congratulate the nDreams team and believe that the Company has an exceptionally exciting future ahead, operating at the forefront of the VR content development market. Mercia's strategy of combining market intelligence and significant sector experience helps us to identify and scale the promising UK technology businesses such as nDreams. The investment in nDreams is led by Investment Director Mike Hayes, who has over 23 years' experience in interactive businesses including CEO for Europe and America of multinational games company SEGA and Marketing Director at Nintendo. This unique approach of investment and deep sector expertise like Mike's helps Mercia build opportunities such as nDreams towards the potential realisation of significant shareholder value."

CEO and founder of nDreams, Patrick O'Luanaigh, commented:

"I'm thrilled that nDreams is one of the first studios to support Daydream. With this new platform's announcement, it's that much easier to envisage a time where everyone always has access to high quality mobile VR entertainment and it's exciting to be collaborating with Google on that ambition."