Jarvis Securities Regulatory News (JIM)

22 Jan 2007 12:09

Jarvis Securities plc22 January 2007 Contract Win, Performance Indicators Jarvis Securities Plc ("Jarvis" or "the Company") is pleased to announce that ithas made a promising start to 2007 by reaching agreement with a furthercorporate client, Gradient Advisory Ltd. It is additionally in advanced contractnegotiations with another, which is now subject only to FSA regulatory approval.Jarvis will be providing trade execution, settlement and custody functionstogether with investment administration including PEP/ISA management. The continued expansion of the outsourcing and Model B contracts have helped toincrease funds under administration and client numbers to record levels. During2006 clients numbers rose by 19.6% and funds under administration reached in excess of £300m at 31 December 2006 compared to £153m when the Company moved toAIM in December 2004. Despite these increases client service levels to the Company's retail andinstitutional clients have been maintained. Jarvis achieves one of the lowestformal complaints ratios and despite being call volume dependant achieves a"calls answered in 3 rings" percentage of 88.5%. Further detailed performanceindicators and financial ratios will be released in our annual FinancialStatements that are due to be released later this month. Jarvis Securities Plc Tel: 0870 224 1111Mathew Edmett Daniel Stewart & Company PLC Tel: 0207 776 6550Lindsay Mair This information is provided by RNS The company news service from the London Stock Exchange