19th May 2005 16:50
Jelf Group PLC19 May 2005 JELF GROUP plc Holdings in Company / Director Shareholding The Board of Jelf Group plc "Jelf", an established corporate intermediary,announces that it has today been notified that Mr Peter Elliott, CorporateDirector of Jelf, has today disposed of 122,226 shares in Jelf of which 100,000were purchased directly by David Walker, Non-Executive Director of Jelf and thebalance by a number of Jelf Group employees at a price of 95 per share. Thisdisposal satisfied demand for the shares from the Non-Executive Director and theGroup's employees. Mr Elliott continues to hold 661,274 shares in Jelf, representing 4.95 % of theissued share capital of the Company and Mr Walker now holds 200,000 shares,representing 1.5% of the issued share capital of the Company. -ends- Enquiries: Sam Smith, JM Finn Tel: 020 7628 9688 Emma Kane/Sanna Lehtinen Tel: 020 7955 1410Redleaf Communications Mob: 07876 338339 Notes to Editors: • Jelf Group was founded by Chris Jelf in 1989. Today, the Jelf Group operates from a number of premises in the West Country and Wales and offers an extensive range of corporate services;• The Group advises over 5,000 corporate clients across a range of disciplines. These clients cover the spectrum from significant public companies to small owner managed businesses. Core Jelf clients are medium sized owner-managed businesses, typically employing between one to 50 staff, with a turnover of up to £10 million;• The Group has developed a corporate support infrastructure that has enabled it to make a number of acquisitions over the last four years. These acquisitions span all core areas of the Group's business and have been made to either supplement existing operations or acquire a corporate client base that can be utilised by the enlarged Group. The significant acquisitions were as follows: o 2000 - IFM - IFA based in Bristol - relocated to Yate, Bristol; o 2001 - Corporate Healthcare Management - Healthcare partnership; o 2002 - Spring Gate Insurance - Purchase of a book of commercial insurance; o 2003 - Richard Levinge Associates - IFA business based in Cheltenham; o 2003 - SLF Insurance (Services) Ltd - Purchase of a book of commercial insurance; o 2003 - Kallender Walwyn Ltd - Purchase of commercial insurance business based in Trowbridge; and o 2003 - Pontin and Stein - Corporate Healthcare partnership. o 2004 - Managed Healthcare Ltd - acquisition of independent Somerset based brokerage specialising in healthcare and private medical insurance o 2005 - Arnold Wills - acquisition of independent financial advisor based in Somerset o 2005 - South West, Taunton based operations of RK Harrison Insurance and its insurance team • Further information is available on Jelf at the Company's website:www.jelfgroup.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
JLF.L