15th Sep 2006 16:32
Jarvis Securities plc15 September 2006 JARVIS SECURITIES PLC Directors' Holdings / Transaction in Own Shares Following the announcement of Mr Lionel Grant's retirement, the directors haveundertaken the following transactions today in the shares of Jarvis Securitiesplc ("Jarvis" or "the Company") to consolidate their holdings in Jarvis withinthe Grant family investment vehicle, Sion Holdings Limited, and to repay theoutstanding small directors' loan balances due to the Company. Mr Lionel Grant has sold 1,000 shares at a price of 100p and no longer holds anyshares directly in the Company. Mrs Florence Grant, Mr Lionel Grant's wife, has sold 1,000 shares at a priceof 100p and no longer holds any shares directly in the Company. Mr Andrew Grant has sold 9,500 shares at a price of 100p and no longer holds anyshares directly in the Company. Mrs Jane Grant, Mr Andrew Grant's wife, has sold 1,000 shares at a price of 100pand no longer holds any shares directly in the Company. Mr Mathew Edmett has sold 8,500 shares at a price of 100p and no longer has aninterest in the Company's shares. Following these Disposals Andrew and Lional Grant are (through their familyholdings in Sion Holdings Limited) beneficially interested in 7,527,422Ordinary shares in the Company representing 66.03 per cent. of the Company'sissued share capital. Sion Holdings Limited holds 7,610,050 ordinary shares in the Company being 66.8per cent. of the reduced issued share capital. Further, the Company has purchased 30,000 shares at a price of 100p forcancellation. In addition, the Treasury holding of 30,000 shares will then becancelled which will result in a reduced issued share capital of 11,400,000ordinary shares. Enquiries: Jarvis Securities Plc Tel: 0870 224 1111Mathew Edmett Daniel Stewart & Co plc Tel: 0207 776 6550Marc Young This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Jarvis Securities