Transaction in Own Shares

RNS Number : 7094P

Jarvis Securities plc

11 June 2020

 

11th June 2020

Jarvis Securities plc

(the "Company")

Transaction in Own Shares

The Company announces that, on 11 June 2020 it disposed of 9,600 Ordinary Shares held in Treasury at a price of 568 pence per share in order to partially satisfy demand for the drip and scrip dividend option paid today (see announcement dated 11 May 2020) and to increase liquidity in the Company's shares.

The Company has realised a gain of £17,445 from selling these shares, which will be added to distributable reserves for future distribution to shareholders.

The Company has in issue 11,182,750 Ordinary Shares, of which 244,400 are now held in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 10,938,350, 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 1p

instrument, type of instrument

Identification code                                        GB00B013J330

b) Nature of the transactions  Sale of Ordinary Shares

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

  568p  9,600

d) Aggregated information

- Aggregated volume  9,600

- Price 568p

e) Date of the transaction  11 June 2020

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

 

 

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