– UK, Henley-in-Arden – Mercia Technologies PLC (AIM:MERC), the national investment group focused on the creation, identification, funding and scaling of innovative technology businesses with high growth potential from the UK regions, today announced that Caroline Plumb OBE has been appointed as a Non-executive Director of the Company with immediate effect.

Caroline is a serial entrepreneur. Having graduated with a first-class honours MEng degree from the University of Oxford in 2000 Caroline co-founded FreshMinds, an award-winning recruitment and innovation consultancy specialising in consumer insight, market research and product development. She remains involved with FreshMinds as non-executive chair and is also CEO of Fluidly, a fintech SaaS business that helps SMEs plan and manage their cash flow, which she co-founded in 2016 and has successfully raised investment capital from both UK and US investors.

Caroline was awarded an OBE in the 2016 Birthday Honours’ list for services to Business and Charity and currently serves as one of the UK government’s c50 Business Ambassadors, representing the UK’s Professional and Business Services sectors.

Susan Searle, Non-executive Chair of Mercia Technologies PLC said: “On behalf of the Board, I am delighted to welcome Caroline to Mercia as a Non-executive Director. Caroline’s track record of helping early-stage technology businesses to scale will be of significant value to the Group. Caroline brings extensive experience as a highly successful businesswoman and entrepreneur. The Board is looking forward to working with her as we continue to strengthen our position as a leading provider of Complete Capital in the key regions of the Midlands, the North of England and Scotland.”

About Mercia Technologies PLC

Mercia is a national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions. Mercia benefits from 19 university partnerships and nine 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 (now with circa £350.0million under management following recent 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, Mercia has invested over £46.0million directly across its portfolio of ‘Emerging Stars’.

For more information : http://www.merciatechnologies.com

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