Agreement with Worldlink Grou

RNS Number : 4672N

Jarvis Securities plc

11 June 2010

 



11 June 2010

Jarvis Securities plc

("Jarvis" or "the Company")

Agreement with Worldlink Group plc

Jarvis is pleased to report that a commercial agreement has been signed with Worldlink Group plc ("Worldlink"), a company listed on the Frankfurt Stock Exchange involved in the interactive mobile media industry, for the provision of branded execution-only share dealing services.

Worldlink is the owner of the UK and US patents for the transmission of profiled real-time data to mobile devices. This data product will be offered free to registered users and will enable customers to make informed investment decisions whether on the move or at their desk through access to live market information. Jarvis will provide a low-cost execution-only dealing service in connection with the Worldlink service.

Worldlink will offer its data product via branded links with a number of information vendors and daily national newspapers. Jarvis will provide a branded dealing service for some of these Worldlink clients. The first, a national newspaper, will commence on the 15th June 2010. A number of other such arrangements are scheduled for implementation throughout 2010.

Andrew Grant, Chairman and Chief Executive, commented:

"We are delighted to have been selected for this joint venture with Worldlink. Their free real-time data product is a very exciting addition to the information available to investors. The extensive promotion of these services via national newspapers and other respected data providers offers Jarvis an enormous opportunity to expand our retail client base."

Enquiries:

Jarvis Securities plc        Tel: [phone]

Andrew Grant

Nick Crabb

Arbuthnot Securities      Tel: [phone]

Alasdair Younie

Notes:

Jarvis Securities plc is the holding company for Jarvis Investment Management Limited (AIM: JIM.L) a stock broking company and outsourced service provider for bespoke tailored financial administration. Jarvis was established in 1984 and is a member of the London Stock Exchange; a broker dealer member of PLUS Markets, authorised and regulated by the Financial Services Authority and an HM Revenue & Customs approved ISA manager. Jarvis has more than 50,000 retail clients and a growing number of institutional clients. As well as normal retail broking Jarvis provides cost effective and flexible share trading facilities within ISA and SIPP wrappers.

Jarvis provides outsourced and partnered financial administration services to a number of third party organisations. These organisations include advisers, stockbrokers, banks and fund managers. Jarvis can tailor its administration processes to the requirements of each organisation and has a strong reputation for flexibility and cost-effectiveness.

 

END

 

 

AGRUAAKRRBANARR