Pre-close Trading Update

RNS Number : 6887Z

Jarvis Securities plc

19 January 2011

 



Jarvis Securities plc ("Jarvis" or "the Company")

19 January 2011

Pre-close Trading Update

Jarvis is pleased to provide a pre-close trading update to the market for the year ended 31 December 2010.

Strong trading performance in the final quarter has resulted in revenues ahead of market expectations and unaudited pre-tax profits, before exceptional items and amortisation of goodwill, in excess of GBP 2m.

The Company expects to announce its first quarterly interim dividend in mid-February 2011, to be payable on or around 15 March 2011 to shareholders of record, and expects to announce its final results for the year ended 31 December 2010 on 21 March 2011.

Enquiries:

Jarvis Securities plc                                tel: [phone]

Andrew Grant

Arbuthnot Securities                               tel: [phone]

Andrew Kitchingman/Richard Johnson

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 53,000 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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