Jarvis Securities plc EXERCISE OF OPTIONS AND TRANSACTION IN OWN SHARES (1619D)
April 24 2017 - 9:28AM
UK Regulatory
TIDMJIM
RNS Number : 1619D
Jarvis Securities plc
24 April 2017
24 April 2017
JARVIS SECURITIES PLC
("Jarvis" or the "Company")
EXERCISE OF OPTIONS AND TRANSACTION IN OWN SHARES
Jarvis announces that application has been made for the
admission to AIM of 5,500 new ordinary shares of 1p each in the
Company ("New Ordinary Shares"), pursuant to the exercise of
options. The New Ordinary Shares rank pari passu with the Company's
existing issued Ordinary Shares, and admission to trading, dealings
in the New Ordinary Shares, are expected to commence on 28 April
2017.
The Company also announces that, on 24(th) April 2017, it
acquired 50,000 Ordinary Shares at a price of 382 pence per share
to hold in Treasury ("Buy Back").
Following the issue of the New Ordinary Shares, and the Buy Back
the Company confirms that the Company's enlarged issued share
capital will comprise 11,173,000 Ordinary Shares and that the
Company now holds 220,300 shares in Treasury. Therefore the total
number of Ordinary Shares with voting rights is 10,952,700, which
figure 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 Company will continue to purchase its own shares for
Treasury when appropriate, and in accordance with the authority
granted by its members.
Enquiries:
Jarvis Securities plc 01892 510 515
Andrew Grant
Jolyon Head
WH Ireland Limited 0113 3946600
Katy Mitchell
Ed Allsopp
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 ISDX Markets,
authorised and regulated by the Financial Conduct Authority and an
HM Revenue & Customs approved ISA manager. 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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