MGP.L Regulatory News (MGP)

28 Nov 2005 07:02

Mercury Group PLC28 November 2005 28 November 2005 MERCURY GROUP PLC APPOINTS MANAGING DIRECTOR FOR SMPA Property services group Mercury has appointed Andrew Hardy FRICS, as managingdirector of its SMPA (Smith Melzack Pepper Angliss) agency subsidiary. Andrew has over 30 years experience in the commercial property sector, workingand advising companies in the UK, Europe, Middle and Far East. During his careerhe had been a partner of Healey & Baker, Amsterdam, Jones Lang Wootton,Malaysia, a consultant to DTZ handling the Nike account based in theNetherlands, as well as European development director of Rush and Tomkins, anddirector of GSE International, based in Paris. Mercury chairman David Williams comments, "Andrew's appointment is an importantstep in managing the future growth plans we have for SMPA. The existingdirectors will remain very hands on while Andrew will concentrate on expandingthe facilities of SMPA, including integrating and offering the services ofsister Mercury companies, widening the existing agency base as well as searchingout further acquisition targets in the UK and Europe". He adds, "We are actively seeking to acquire medium sized agencies and alliedproperty service consultants whose expertise can be incorporated into theMercury integrated property package we now offer real estate owners in the UKand Overseas". Andrew Hardy says, "The opportunity of combining Mercury's resources and theexisting client base with our associated facilities management and projectmanagement companies, coupled with my own specific experience will help toswiftly realise Mercury's very ambitions growth plans" Ends Note to editors: Mercury Group, which is quoted on the London Stock Exchange'sAlternative Investment Market (AIM), provides a wide range of professionalservices to the real estate industry. Its services address all the major stagesof the property lifecycle from initial acquisition, design and construction toongoing property and facilities management and eventual disposal. SMPA joined the group in March 2005 and is a combination of two long establishedcommercial property agencies. Based in London, SMPA has over 50 yearsexperience in advising UK and international clients on property investment,development and management. For further information please contact:Katie Tzouliadis, Biddicks, 020 7448 1000Laurie Anders, 0207 193 7829/07956 378 357 This information is provided by RNS The company news service from the London Stock Exchange