Mercia Asset Management PLC

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

Grant of SAYE Options

Mercia Asset Management PLC (AIM: MERC), the regionally focused, private capital asset manager with c.£2.0billion of assets under management, announces that options ("SAYE Options") over a total of 627,638 Ordinary shares of £0.00001 each in the capital of the Company ("Ordinary Shares") were awarded yesterday pursuant to the 2025 Mercia Save As You Earn Share Option Plan (the "SAYE Scheme"). The Options were granted at an exercise price of 26.4 pence per Ordinary Share (calculated in accordance with the rules of the SAYE Scheme). The options will vest on 1 November 2028.  

These new SAYE Options have been issued within the 10.0% overall limit of the Company's issued share capital, set by the approved Mercia 2024 Company Employee Share Plan.  Following the grant of these Options, the Company has awarded, in aggregate, a total of 39,207,364 vested and unvested options pursuant to the 2014 Share Plan, the 2024 Share Plan and the Save As You Earn Plans, together equating to 8.8% of the existing issued Ordinary share capital of the Company.  Mercia's SAYE Scheme provides staff with an additional medium term retention incentive, which is fully aligned with the Group's shareholder value creation strategy.

- Ends -

For further information, please contact:

Mercia Asset Management PLC

Mark Payton, Chief Executive Officer

Martin Glanfield, Chief Financial Officer

www.mercia.co.uk                                                                                                     +44 (0)330 223 1430

Canaccord Genuity Limited (NOMAD and Joint Broker)

Simon Bridges, Andrew Potts, Harry Gooden                                                            +44 (0)20 7523 8000

Singer Capital Markets (Joint Broker)

Charles Leigh-Pemberton                                                                                          +44 (0)20 7496 3000

FTI Consulting

Tom Blackwell, Jenny Boyd                                                                                        +44 (0)20 3727 1051

[email protected]

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, debt, private equity 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".