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Director's Dealing and Treasury Shares

29 Jun 2011 10:47

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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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