22nd Feb 2007 07:01
Jarvis Securities plc22 February 2007 Jarvis Securities plc ("Jarvis" or "the Company") Holdings in Company / Transaction in Own Shares The company announces that Sion Holdings Limited has today sold 110,050 Ordinaryshares in Jarvis at 127p per share after being approached by an institutionalfund manager intending to build a stake in Jarvis. Sion's percentage holding hasbeen increasing due to the cancellation of shares and it was not Sion'sintention to increase its percentage holding in Jarvis. Sion now holds 7,500,000Ordinary shares in Jarvis, representing 66.49% of the issued capital. Sion has also entered into a long CFD contract for 2,500 shares of Jarvis today. In addition, the company has purchased 63,000 of its own Ordinary shares at anaverage price of 126.9p into Treasury pending cancellation. This is inaccordance with the authority granted by its Members and renewed at yesterday'sAnnual General Meeting. Jarvis now holds 140,000 Ordinary shares in Treasurypending cancellation. Jarvis Securities plcMathew Edmett Tel: 0870 224 1111 Daniel Stewart & Company plcStewart Dick Tel: 0207 776 6550 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Jarvis Securities