Mercia Technologies PLC last month completed an all cash sale of Science Warehouse Limited, one of the Group's leading direct investments, to Advanced Business Software and Solutions Limited, for a total cash consideration of £16.9million. Mercia will receive proceeds of £10.5million (net of transaction expenses) and will recognise an immediate realised gain of £0.6million, compared with the holding value of £9.9million as at 30 September 2017. The sale represents a return to Mercia of 14.2% on its total investment cost of £9.2million.