Director's Dealing and Treasury Shares

RNS Number : 3505J

Jarvis Securities plc

29 June 2011

 



JARVIS SECURITIES PLC ("Jarvis" or the "Company")

29 June 2011

DIRECTOR'S DEALING and TREASURY SHARES

The Company has been notified of the following transactions in its ordinary shares of 1p each ("Shares"):

On 28 June 2011 the Company sold 30,000 shares out of Treasury to fund an investment by the Company into a new joint venture, further details of which are expected to be notified in due course. Following this transaction Jarvis retains no Shares in Treasury and the total number of voting rights in the Company is 10,573,000 Shares, 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 FSA's Disclosure and Transparency Rules.

On 28 June 2011 Sion Securities Limited ("Sion") sold 64,128 Shares at 180p per Share, in order to meet demand from an institutional investor. As a result of this transaction Sion, a company of which Mr Andrew Grant, has a controlling interest, is interested in 6,542,000 Shares, representing approximately 61.87% of the Company's voting rights. Mr Andrew Grant's total interest in the Company (comprising the holdings of Sion, Mr Grant's SIPP and Mr Grant's spouse and children) is 6,650,732 Shares representing approximately 62.90% of the Company's voting rights.

Enquiries:

Jarvis Securities plc

Andrew Grant                                                         01892 510 515

Arbuthnot Securities Limited

Andrew Kitchingman / Richard Johnson                   020 7012 2000

ENDS

 

END

 

 

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