StockMarketWire.com - Mercia Technologies said one of its third-party managed funds has completed a further cash realisation from Blue Prism Group representing a return on its original £900,000 investment of 55 times.

Blue Prism, a UK software company, is now valued in excess of £600m, helping to generate an aggregate cash return for the fund to date of £49.1m.

"Our support of Blue Prism illustrates the use of patient capital at its best as it was identified by our team at an early stage in 2004, Mercia head of technology investments Julian Viggars said.


At 9:25am: [LON:MERC] Mercia Technologies Plc share price was +0.25p at 33.75p



Story provided by StockMarketWire.com