Jarvis Securities plc
18 April 2008
Jarvis Securities plc
('Jarvis' or 'the Company')
Details of Contract Win
Jarvis is pleased to confirm Old Park Lane Capital Plc as one of the new
commercial client signings reported on 3 April.
Old Park Lane Capital Plc is an innovative and dynamic institutional
stockbroker, specialising in the equity markets for smaller companies.
Michael Parnes, Chief Executive of Old Park Lane Capital Plc commented:
'Our institutional and ultra high net worth only policy for stock broking
services, with our long term approach and strong after market support for
NOMBRO clients, creates a unique and powerful solution to correct the
inefficiencies of the small cap market. We selected Jarvis as a provider of
operational and administrative functions because of their very strong
reputation in financial outsourcing.'
Andrew Grant, the Chairman of Jarvis, said:
'It is great news to welcome yet another firm to our growing list of commercial
clients. With increasing cost pressure in the market the efficiencies that we
can provide as an experienced financial outsourcer, together with the market
experience and strong service of our team, are increasingly attractive to
investment firms such as Old Park Lane that want to dedicate their full
attention to their clients.'
Enquiries:
Jarvis Securities plc
Mathew Edmett Tel: 0870 224 1111
Daniel Stewart & Company plc
Lindsay Mair/Stewart Dick Tel: 020 7776 6550
Notes:
Jarvis Securities plc is the holding company for Jarvis Investment Management
plc (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 PEP and ISA manager. Jarvis has more than 30,000 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 PEP, 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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