Monday broker round-up
3rd Dec 2018 13:11
(Sharecast News) - Dunelm: Peel Hunt upgrades to buy with a target price of 750p.
Read moreMercia Technologies profits soar as revenues strengthen and expenses narrow
3rd Dec 2018 10:11
(Sharecast News) - Mercia Technologies saw interim profits soar as a result of increased performance fees and narrowed expenses.
Read moreMercia Technologies invests £0.5m into medical firm Locate Bio
16th Oct 2018 09:23
(Sharecast News) - High-growth technology investor Mercia Technologies announced a new direct investment of £0.5m into Locate Bio on Tuesday.
Read moreMercia Technologies investee companies reach 'significant' milestones
21st Sep 2018 11:24
(Sharecast News) - Technology business investment group Mercia Technologies told shareholders on Friday that, since its 31 March year-end, its direct investment portfolio had continued to make "good overall progress".
Read moreMercia's nDreams wins multi-million contract with VR company
16th Aug 2018 09:04
(Sharecast News) - National investment group Mercia Technologies announced on Thursday that investee company nDreams has won a multi-million dollar contract with an unnamed virtual reality technology company.
Read moreMercia invests in battery innovator Faradion
18th Jan 2017 12:14
(ShareCast News) - Innovative technology investment group Mercia Technologies announced a new direct investment of up to £1.9m in Faradion, a company focused on the development and commercialisation of advanced, low-cost battery materials, on Wednesday. The AIM-traded company said the investment is
Read moreMercia Tech sells emerging star Allinea Software for £18m
16th Dec 2016 10:15
(ShareCast News) - Investment firm Mercia Technologies has sold its emerging star software business, to ARM, a semiconductor intellectual property company, for £18.1m, which is 21 times the original investment. The company sold Allinea Software, which develops tools for developing and optimising hig
Read moreMercia Tech increases investment in virtual reality game devloper
16th Nov 2016 08:16
(ShareCast News) - Investment company Mercia Technologies has increased its investment by £1m in nDreams, a virtual reality game developer, as part a funding round with other investors. The AIM-listed company's investment was part of a £2m funding round, the first of a two-stage round, alongside a s
Read moreMercia Technolgies swings to H1 pretax profit
10th Nov 2016 10:52
(ShareCast News) - Investment group Mercia Technologies has swung to a first-half pre-tax profit thanks to a marked improvement in revenue and fair-value gains on investments. "Thus far, over £30m of the IPO proceeds have been invested to strengthen our direct investment portfolio," said chief execu
Read moreMercia Technologies puts another £1m into Oxford Genetics
27th Oct 2016 14:23
(ShareCast News) - Innovative technology business investor Mercia Technologies announced a follow-on investment of £1m into Oxford Genetics, a synthetic biology company with significant expertise in DNA design, on Thursday. The AIM-traded firm said the investment follows the recent expansion of Oxfo
Read moreMercia portfolio company launches first VR game
21st Jul 2016 14:39
(ShareCast News) - Investment company Mercia Technologies announced on Thursday that one of its portfolio companies, nDreams, has successfully launched its first major virtual reality game, The Assembly. The AIM-traded firm said the game is currently available for Oculus Rift and HTC Vive, with a Pl
Read moreMercia Technologies' cautious about Brexit as revenues fall
30th Jun 2016 10:54
(ShareCast News) - Mercia Technologies reported a full year loss as it expanded its investment portfolio and was cautious about the uncertainty Brexit has bought to the technology investment industry. The technology investment firm's revenue rose to £1.8m for the financial year ending 21 March 2016
Read moreMercia investment in nDreams paying off
20th May 2016 16:30
(ShareCast News) - Mercia Technologies announced on Friday that its portfolio company nDreams has been appointed by Google as one of the first developers alongside EA Games and Ubisoft to make apps and experiences for mobile virtual reality platform Daydream. The AIM-traded firm, which says it focus
Read moreMercia Technology invests £3.5m in Science Warehouse
1st Apr 2015 12:54
Mercia Technologies has invested £3.5m towards increasing its stake in Science Warehouse from 45% to 63% Science Warehouse provides tools such as product and price comparisons, contract compliance monitoring, and benchmarking. Chief executive Mark Payton said: "We believe there is a significant mar
Read moreMerchant Securities confirms approach by Sanlam
1st Sep 2011 13:05
Financial services firm Merchant Securities told investors on Thursday that an offer for the group, if made - following the approach by Sanlam UK the day before - will be satisfied entirely in cash and not in shares of Sanlam. Merchant, which provides investment management, corporate finance, tradi
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