Director/PDMR Shareholding

RNS Number : 8368P

Jarvis Securities plc

01 April 2009

 



1 April 2009

Jarvis Securities plc

('the Company')

Disclosure of Interest of Director's significant shareholding

The Company received notification on 31 March 2009 that on the same day, Sion Holdings Limited ('Sion') sold and Sionew Holdings Limited ('Sionew') purchased 6,970,000 ordinary shares of 1p each in the Company ('the Shares'), in each instance at 126.5p per share. The ultimate beneficial owners of Sionew and Sion are exactly the same and have not changed as a result of this transaction.

Following this transaction Sion no longer has an interest in ordinary shares in the Company and Sionew has an interest in 6,970,000 ordinary shares in the Company, representing approximately 66.62 per cent. of the Company's issued ordinary shares.

Andrew Grant, Chairman and Chief Executive of the Company, will have the same controlling interest in Sionew as he did previously in Sion. Mr Grant's total interest in the Company therefore remains unchanged at 6,975,000 ordinary shares, representing approximately 66.67 per cent. of the Company's issued ordinary shares.

Enquiries:

Jarvis Securities	0870 224 1111
Andrew Grant
Mathew Edmett
Arbuthnot Securities	020 7012 2000
Alasdair Younie

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 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 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.

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