DSW Capital PLC - Warrington, England-based owner of the Dow Schofield Watts brand, a financial advisory firm - Expands presence into a new geographical area with the launch of a new corporate finance team based in Cardiff. Says the addition takes the total licensees to 25, fee earners to 106 and its total offices to 11.

In September, DSW expanded its presence in the Midlands, England with the launch of a new corporate finance team based in Leicester.

"Their arrival gives Dow Schofield Watts a presence in Wales for the first time and comes hot on the heels of our launch of a new corporate finance team in the East Midlands," says Chief Executive James Dow.

"Dow Schofield Watts is offering a highly attractive alternative career path to traditional accountancy firms by enabling professionals to run their own business as part of the network and the addition of these two quality teams further strengthens our reputation as a leading force in corporate finance in the UK."

Current stock price: 57.20 pence

12-month change: down 49%

By Sophie Rose, Alliance News reporter

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