8th Apr 2008 10:14
Jelf Group PLC08 April 2008 8 April 2008 Jelf Group plc ("Jelf") Completion of Acquisition of Argyll Insurance (Holdings) Limited ("Argyll") Jelf Group plc, an independent full-service brokerage that supports businessesand related individuals, is pleased to announce that further to the announcementmade on 2 April 2008 in relation to the acquisition of Argyll, it exercised itsoption over the remaining 31.24% of the issued share capital of Argyll on 7April 2008. Jelf has subsequently acquired the entire issued share capital ofArgyll. ENDS ENQUIRIES Jelf Group Plc Alex Alway, Group Chief Executive 01454 272 713 Rose Clark, Director of Finance 01454 272853 Pelham PR Polly Fergusson 0207 743 6362 Damian Beeley 020 3178 2253 Cenkos Securities plc Ian Soanes/Max Hartley 020 7397 8900 Notes to editors Jelf was founded by Chris Jelf in 1989. Today, Jelf operates from over 20locations primarily in the Southern England and South Wales and offers anextensive range of corporate services, including general insurance, healthcare,employee benefits, commercial finance and wealth management services tobusinesses and individuals. Jelf advises over 20,000 corporate clients and over 25,000 personal clientsacross a range of disciplines. These clients cover the spectrum from significantpublic companies to small owner-managed businesses. Core Jelf clients aremedium-sized owner-managed businesses, typically employing up to 250 staff. Jelf has developed a corporate support infrastructure that has enabled it tomake 15 acquisitions since September 2006. These acquisitions are focused inthe core areas of general insurance and healthcare and have been made to eithersupplement existing operations or as in the case of John Lampier and Son, theManson Insurance Group Limited, Argyll Insurance Holdings Limited and KelquotaLimited (Clarke Roxburgh to operate as stand-alone entities within the JelfGroup using their own brand names. Further information is available on Jelf at the Group's website: www.Jelfgroup.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
JLF.L