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Mercia CFO Increases Shareholding, Reflecting Confidence in Company’s Future

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Mercia CFO Increases Shareholding, Reflecting Confidence in Company’s Future

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Mercia Asset Management ( (GB:MERC) ) has issued an announcement.

Mercia Asset Management PLC announced a significant share transaction involving its Director and Chief Financial Officer, Martin Glanfield, who acquired an additional 129,624 ordinary shares, bringing his total ownership to 1,993,794 shares, or 0.5% of the company’s voting share capital. This transaction underscores insider confidence in Mercia’s market positioning and strategic direction, possibly impacting investor sentiment and stakeholder perceptions positively.

More about Mercia Asset Management

Mercia Asset Management PLC is a specialist asset manager focused on supporting regional SMEs in the UK to achieve growth. It provides capital across venture, private equity, debt, and proprietary capital, leveraging its regional offices, university partnerships, and networks for access to high-quality deal flow.

YTD Price Performance: -7.02%

Average Trading Volume: 552,819

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £114.3M

Learn more about MERC stock on TipRanks’ Stock Analysis page.

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