Jarvis Securities Regulatory News (JIM)

18 Apr 2008 07:00

Jarvis Securities plc18 April 2008 Jarvis Securities plc ("Jarvis" or "the Company") Details of Contract Win Jarvis is pleased to confirm Old Park Lane Capital Plc as one of the newcommercial client signings reported on 3 April. Old Park Lane Capital Plc is an innovative and dynamic institutionalstockbroker, specialising in the equity markets for smaller companies. Michael Parnes, Chief Executive of Old Park Lane Capital Plc commented: "Our institutional and ultra high net worth only policy for stock brokingservices, with our long term approach and strong after market support forNOMBRO clients, creates a unique and powerful solution to correct theinefficiencies of the small cap market. We selected Jarvis as a provider ofoperational and administrative functions because of their very strongreputation in financial outsourcing." Andrew Grant, the Chairman of Jarvis, said: "It is great news to welcome yet another firm to our growing list of commercialclients. With increasing cost pressure in the market the efficiencies that wecan provide as an experienced financial outsourcer, together with the market experience and strong service of our team, are increasingly attractive toinvestment firms such as Old Park Lane that want to dedicate their fullattention to their clients." Enquiries: Jarvis Securities plcMathew Edmett Tel: 0870 224 1111 Daniel Stewart & Company plcLindsay Mair/Stewart Dick Tel: 020 7776 6550 Notes: Jarvis Securities plc is the holding company for Jarvis Investment Managementplc (AIM: JIM.L) a stock broking company and outsourced service provider forbespoke tailored financial administration. Jarvis was established in 1984 and isa 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 PEP and ISA manager. Jarvis has more than 30,000 retailclients and a growing number of institutional clients. As well as normal retailbroking Jarvis provides cost effective and flexible share trading facilitieswithin PEP, ISA and SIPP wrappers. Jarvis provides outsourced and partnered financial administration services to anumber 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 reputationfor flexibility and cost-effectiveness. This information is provided by RNS The company news service from the London Stock Exchange