Director's Significant Shareh

RNS Number : 9405Z

Jarvis Securities plc

30 September 2009

 



30 September 2009

Jarvis Securities plc

('the Company')

Disclosure of Interest of Director's significant shareholding

The Company received notification on 30 September 2009 that on 29 September 2009, Sionew Holdings Limited ('Sionew') transferred and Sion Securities Limited ('Sion') acquired 6,970,000 ordinary shares of 1p each in the Company ('the Shares'), in consideration for the issue of shares in Sionew. The ultimate beneficial owners of Sion are exactly the same as those of Sionew immediately prior to the transfer.

Following this transaction Sionew no longer has an interest in ordinary shares in the Company and Sion 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 Sion as he did previously in Sionew. Mr Grant's total interest in the Company therefore remains unchanged at 6,978,000 ordinary shares, representing approximately 66.43 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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