Transaction in Own Shares

RNS Number : 9134S

Jarvis Securities plc

19 March 2021

 

19 March 2021

Jarvis Securities plc

(the "Company")

Transaction in Own Shares

On 18 March 2021, the Company transferred 19,500 ordinary shares out of Treasury at a price of 273 pence per share, being the best price at the time of the transfer.  The ordinary shares were used to satisfy demand from shareholders who had elected to receive shares in lieu of cash as part of the Company's Dividend Reinvestment Plan. The details of the Company's Dividend Reinvestment Plan were announced on 16 February 2021.

The transaction also increases the free float thereby facilitating more liquidity in the Company's shares.

The Company has in issue 44,731,000 Ordinary Shares, of which, following the transfer set out above, 898,100 are now held in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 43,832,900 and is the figure which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

1 Details of the trade:

a) Name  Jarvis Securities plc

2 Reason for the notification

a) Position/status                                               Treasury Share Account

b) Initial notification/ Amendment                 Initial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name                                                                Jarvis Securities plc

b) LEI  2138001WJI2OY3XHW269

4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a) Description of the financial                          Ordinary shares of 0.25p

instrument, type of instrument

Identification code                                              GB00BKS9NN22

b) Nature of the transactions                            Sale of Ordinary Shares

c) Price(s) and volume(s)                                    Price(s)  Volume(s)

        273p    19500

d) Aggregated information

- Aggregated volume                                           19500

- Price                                                                      273p

e) Date of the transaction                                  18 March 2021

f) Place of the transaction                                  London Stock Exchange, AIM

ENDS

Enquiries:

Jarvis Securities plc 01892 510 515

Andrew Grant

Jolyon Head

WH Ireland Limited 0113 394 6600

Katy Mitchell

Darshan Patel

 

END

 

 

POSDKCBBQBKDAND