IN BRIEF: Jarvis Securities becomes cash shell as sheds all operations
Jarvis Securities PLC - Tunbridge Wells, Kent-based investment manager now an AIM cash shell - Jarvis is reclassified as a cash shell from an operating company and will be removed from the FTSE AIM all-share index on Tuesday next week. This follows the sale last year of the retail execution-only brokerage business of a subsidiary of Jarvis Investment Management Ltd to Interactive Investor Services Ltd, part of Aberdeen Group PLC. On Thursday, Jarvis placed the remainder of JIML into special administration with S&W Partners LLP. Read More