Mercia Asset Regulatory News (MERC)

26 Sep 2007 11:02

Merchant Securities PLC26 September 2007 26 September 2007 Merchant Securities AGM Statement and new senior appointments MERCHANT SECURITIES AGM STATEMENT AND NEW SENIOR APPOINTMENTS Merchant Securities Plc the the private client and institutional stockbrokingcompany specialising in financial advisory services, broking, private equity andwealth management, is pleased to announce that all resolutions proposed attoday's AGM have been approved by shareholders. Merchant Securities is also pleased to announce two senior appointments. WayneEllis has joined as head of wealth management and John Readings has joined ashead of Contract For Difference (CFD) sales. Wayne Ellis has 20 years' experience in the financial services industry,developing wealth management businesses providing bespoke investment andfinancial planning to both high net worth clients and companies. He waspreviously Executive Director at Berkeley Burke & Company Ltd, and during histime in the industry has gained a wealth of experience in the sale, purchase and integration of wealth management businesses. John Readings has over 27 years' experience within the securities industry,including 16 years at Teather & Greenwood Limited where he was a director andwas responsible for the introduction of CFDs as a product line. Tony Fabrizi, Chief Executive, Merchant Securities says: "Wayne and John's appointment will add to the breadth of our services and wewill continue to recruit high calibre individuals who share our vision. I amlooking forward to them making an immediate contribution to our business." About Merchant Securities plc Merchant Securities plc provides a range of financial service products andadvice to high net worth private clients, institutions and small businesses. TheCompany's main operating subsidiary, Merchant Securities Group Limited, isauthorised by the Financial Services Authority and provides a variety ofservices, including asset and advisory management to high net worth privateclients, sales trade institutional investors, and private equity funding andcorporate advice for small UK companies. For further information please contact: Tony Fabrizi, Merchant Securities Plc 020 7375 9010 Roland Cross / John Sarsfield, Broadgate 020 7726 6111 This information is provided by RNS The company news service from the London Stock Exchange