Mercia Technologies PLC announced that Matthew Mead, the company's chief investment officer, has notified the Group of his desire to step down from the board and from his role as chief investment officer with immediate effect, in order to pursue a portfolio advisory career. Matt will ensure an orderly handover of responsibilities to the company's current Head of Technology Investments, Julian Viggars, who is promoted to Chief Investment Officer and joins the company's board with effect from 17 April 2018.