Mercia Asset Regulatory News (MERC)

AIM: MERC

MERCHANT SECURITIES GROUP PLC

("Merchant Securities" or "the Group")

Appointment of Technology Analyst

Merchant Securities, the financial services group, is pleased to announce that it has appointed Roger Phillips as Technology Analyst with immediate effect. 

Roger is a highly regarded technology equity analyst. He currently holds the techMARK Analyst of the Year award, which is decided by technology fund managers and techMARK companies, having also previously won this award in 2002. Roger has also been regularly highly ranked in Extel Surveys for both small and large caps.

He joins Merchant Securities from Evolution Securities, where he covered the pan-European technology sector. Prior to this, he held similar roles at Landsbanki and Robert W. Baird. Roger started his career at Deloitte & Touche. 

Patrick Claridge, Chief Executive of Merchant Securities, said:

"We are delighted that Roger is joining our team as we continue to expand our equity research offering. Roger has a well established reputation in the technology sector and I am sure that he will prove a valuable addition to our team."

Enquiries:

Notes to Editors:

Merchant Securities Group plc, which was recently acquired by Sanlam UK Limited, offers a broad range of financial services through its Private Client Wealth Management and Investment Banking Divisions.

The Investment Banking Division provides financial advisory and execution services to both publicly quoted and private companies. Focusing on small and medium sized companies, it offers a full range of services from corporate finance to equity research, sales and trading.

The Private Client Wealth Management Division provides discretionary and advisory wealth management services and financial planning advice to a broad client base, comprising private individuals, small and medium sized businesses, pension funds and charitable trusts. Through both organic growth and recent acquisitions, the Division has developed significantly and it currently holds c. £421 million of assets under advisory management, approximately £80 million of which are under discretionary management.