Jarvis Securities plc Exercise of Options and Director's Interest (7467A)

TIDMJIM

RNS Number : 7467A

Jarvis Securities plc

24 February 2014

JARVIS SECURITIES PLC

("Jarvis" or "the Company")

Exercise of Options & Director's Interest

Application has been made for the admission to AIM of 100,500 new ordinary shares of 1p each in the Company ("Ordinary Shares"), pursuant to the exercise of options by Mr. Andrew Grant and an employee of the Company. Mr. Grant has exercised 100,000 options, with a further employee of the Company exercising 500 options. The new Ordinary Shares rank par passu with the Company's existing issued Ordinary Shares, and dealings are expected to commence on or around 27 February 2014.

Following Admission, the Company's enlarged issued share capital will comprise 10,884,000 Ordinary Shares. The Company holds zero shares in treasury. Therefore the total number of Ordinary Shares with voting rights is 10,884,000, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Simultaneously Jarvis was informed on 21 February 2014, that on that day, Mr. Grant sold 100,000 Ordinary Shares in Jarvis at a price of 475p. Mr. Grant sold the shares in order to match significant institutional demand in the market.

Following these transactions, Mr. Grant's total interest in the Company (comprising the holdings of Sion, a company in which Mr.Grant has a controlling interest, Mr Andrew Grant's SIPP and Mr. Grant's spouse) is 5,733,150 Ordinary Shares, will represent approximately 52.6% of the Company's 10,884,000 voting rights.

Enquiries:

   Jarvis Securities plc                            01892 510 515 

Andrew Grant

Jolyon Head

   WH Ireland Limited                             0113 3946619 

Andrew Kitchingman

James Bavister

This information is provided by RNS

The company news service from the London Stock Exchange

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