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Last checked at 
25 Nov 2019 12:35
Jarvis Securities plc
("Jarvis" or the "Company")
Directors' Interests
The Company was informed today, that on 22 November 2019, Mr Andrew Grant, Managing Director of the Company, transferred 250,000 Ordinary Shares at a price of 475 pence per share to The Andrew Grant 2019 Discretionary Settlement; and at the same time his wife, Jane Grant transferred 250,000 Ordinary Shares at a price of 475 pence per share to the Jane Grant 2019 Discretionary Settlement (the "Transactions").
The Settlements are discretionary trusts set up for the benefit of the children (older than 18) and grandchildren of Andrew and Jane Grant. Andrew and Jane Grant are the only trustees of the Settlements and maintain all voting and transactional control.
Following the transactions, the combined interests held by Mr Andrew Grant and people closely associated with him (PCA's) remain unchanged at 4,152,644 Ordinary Shares representing 38% of the issued share capital of the Company.
In addition, it is noted that, the Grant Family (which includes Andrew Grant's adult children and the wider Grant family), which is deemed to be a Concert Party pursuant to the City Code on Takeover and Mergers hold an additional interest in 1,786,529 Ordinary Shares such that the total holding held by the Grant Family Concert Party is 5,939,173 Ordinary Shares representing 54.38% of the issued share capital of the Company.
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 person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Andrew Grant | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Managing Director | ||||||
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 | N/A | ||||||
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 instrument, type of instrument
Identification code | Ordinary shares of 1p
GB00B013J330
| ||||||
b) | Nature of the transactions | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
250,000 475p
| ||||||
e) | Date of the transaction | 22 November 2019 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Jane Grant | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Spouse of Managing Director, Andrew Grant | ||||||
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 | N/A | ||||||
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 instrument, type of instrument
Identification code | Ordinary shares of 1p
GB00B013J330
| ||||||
b) | Nature of the transactions | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
250,000
475p | ||||||
e) | Date of the transaction | 22 November 2019 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | The Andrew Grant 2019 Discretionary Settlement | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Trust controlled by Managing Director, Andrew Grant | ||||||
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 | N/A | ||||||
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 instrument, type of instrument
Identification code | Ordinary shares of 1p
GB00B013J330
| ||||||
b) | Nature of the transactions | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
250,000
475p | ||||||
e) | Date of the transaction | 22 November 2019 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | The Jane Grant 2019 Discretionary Settlement | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Trust controlled by Jane Grant, Spouse of Managing Director, Andrew Grant | ||||||
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 | N/A | ||||||
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 instrument, type of instrument
Identification code | Ordinary shares of 1p
GB00B013J330
| ||||||
b) | Nature of the transactions | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
250,000
475p | ||||||
e) | Date of the transaction | 22 November 2019 | ||||||
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
Chris Savidge
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