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JIM Jarvis Securities Plc

60.00
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jarvis Securities Plc LSE:JIM London Ordinary Share GB00BKS9NN22 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 60.00 55.00 65.00 0.00 07:32:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Brokers & Dealers 13.07M 3.98M 0.0890 6.74 26.84M

Statement re Possible Offer

12/06/2008 7:01am

UK Regulatory


    Statement re Possible Offer
             



                        Jarvis Securities plc

                      ("Jarvis" or "the Group")

                     Statement re Possible Offer

On 13 May 2008, Jarvis announced that it had received an  unsolicited
approach to acquire  its only trading  subsidiary, Jarvis  Investment
Management  plc,   at  a   value  in   excess  of   Jarvis's   market
capitalisation and that the board  was considering its options  which
could include consideration of a sale of Jarvis.

No offer has been made at a level which reflects the underlying value
of the  business  and accordingly  the  Group confirms  that  it  has
terminated all  talks and  is no  longer engaged  in any  discussions
regarding a  potential  offer  for the  Group  or  Jarvis  Investment
Management plc.

The Group continues  to trade  ahead of  management expectations  and
expects to release its interim results for the 6 months ended 30 June
in late July.


For further information, please contact:


Jarvis Securities plc
Andrew Grant/Mathew Edmett 0870 224 1111


Daniel Stewart & Company plc
Lindsay Mair/Stewart Dick  020 7776 6550

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