Annual Report and Accounts 2024 Mercia Asset Management PLC
Strategic report
Mercia’s Board commits to the Group’s long-term
success for shareholders, fulfilling Section 172
of the Companies Act 2006. Directors act in good
faith, considering long-term impacts, employee
interests and community effects.”
s172 considerations
s172 considerations
Mercia’s actions
Mercia’s actions
Outcomes & highlights
Outcomes & highlights
Further information
Further information
(a) Long-term
decisions
Proposing ‘Mercia 27: 100%
growth’ plan to ensure growth
and sustainability.
Completion of ‘Mercia 20:20’,
exceeding AuM target.
Progress underpinned by proposed
new strategy, focusing on long-
term stakeholder value.
Non-executive Chair’s
statement: pages 2 to 4
Chief Executive Officer’s
review: pages 8 & 9
(b) Employee
interests
Comprehensive wellness
programmes, professional
development and inclusive
culture initiatives.
Enhanced employee well-
being programmes, increased
participation in volunteer activities.
People and talent
pages 16 & 17
(c) Business
relationships
Engaging with shareholders,
investors, investees and
partners through transparent
communication and support.
Strengthened relationships
and regional business growth,
supporting local communities.
Stakeholder engagement:
pages 6 & 7
(d) Community
and environmental
impact
Committing to environmental
sustainability and regional
community support.
Maintained carbon-neutral status,
increased regional impact.
Sustainability: pages 14 &15
People and talent: pages 16
& 17
Corporate governance: page
47 to 52
(e) High standards
of conduct
Upholding integrity and
transparency, rigorous risk
management and governance
training.
Maintained robust governance
frameworks; achieved high
compliance and ethical standards.
Audit and risk management:
pages 33 to 41
(f) Fairness among
members
Ensuring fairness in dealings
with all stakeholders; managing
conflicts of interest with
transparency.
Our approach ensures equitable
transparency and long-term
stakeholder engagement within
the framework of our Conflict and
Allocation policies ensuring all
investors are treated fairly.
Corporate governance report:
page 47 to 52
Section 172