Jarvis Securities plc Issue of Equity (5616R)
October 28 2013 - 10:16AM
UK Regulatory
TIDMJIM
RNS Number : 5616R
Jarvis Securities plc
28 October 2013
Jarvis Securities plc
("Jarvis" or the "Company")
Exercise of Options & Director's Interest
Application has been made for the admission to AIM of 50,000 new
ordinary shares of 1p each in the Company ("Ordinary Shares"),
pursuant to the exercise of options by Mr. Grant at a price of 87.5
pence per ordinary share. The new Ordinary Shares rank pari passu
with the Company's existing issued Ordinary Shares, and dealings
are expected to commence on 1 November 2013.
Following Admission, the Company's enlarged issued share capital
will comprise 10,781,500 Ordinary Shares. The Company holds zero
shares in treasury. Therefore the total number of Ordinary Shares
with voting rights is 10,781,500, 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 FCA's Disclosure and Transparency Rules.
Simultaneously Jarvis had been informed on 25 October 2013, Mr
Andrew Grant sold 50,000 Ordinary Shares in Jarvis at a price of
400p. Mr. Grant sold the shares in order to match significant
demand in the market.
Following these transactions, Mr Andrew Grant's total interest
in the Company (comprising the holdings of Sion, a company in which
Mr Andrew Grant has a controlling interest, Mr Andrew Grant's SIPP
and Mr Andrew Grant's spouse) is 5,733,150 Ordinary Shares, will
represent approximately 53.2% of the Company's 10,781,500 voting
rights.
Enquiries:
Jarvis Securities plc 01892 510 515
Andrew Grant
Jolyon Head
WH Ireland Limited 0113 394 6619
Andrew Kitchingman
James Bavister
This information is provided by RNS
The company news service from the London Stock Exchange
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