oilwatch
- 30 Jan 2008 19:34
- 12 of 22
via email today:
Dear Client,
Our parent company, Jarvis Securities plc, which is traded on the AIM market of the London Stock Exchange (ticker JIM), reported annual audited results to 31 December 2007 yesterday.
The highlights of these results were:
Final dividend +140%
Earnings per share +114%
Profit before income tax +96%
Revenue +32%
Jarvis Securities plc proposed an increased final dividend of 6.0p (2006 2.5p) per Ordinary 1p share to holders on the register at 8 February 2008 and payable on 14 March 2008. The ex-date for the dividend will be 6 February 2008.
In celebration of our results we are offering commission free purchases of Jarvis Securities plc shares via Jarvis Investment Management from now (1:20pm 30/1/08) until close of business on 5 February 2008 so any buyers will qualify for the dividend too (if held till the ex-date).
If you would like any further information or a copy of our latest annual report then please do not hesitate to telephone, email or visit the website at www.jarvissecurities.co.uk.
We would like to thank you for your custom in 2007 and wish you all the best for a happy and prosperous 2008.
Regards,
Client Services Team
Jarvis Investment Management plc
oilwatch
- 13 May 2008 07:54
- 17 of 22
Jarvis Securities plc
('Jarvis' or 'the Group')
Possible Offer/Dividend payment/Trading updateJarvis confirms that it has received an unsolicited approach to acquire its only trading subsidiary, Jarvis Investment Management plc, at a valuation in excess of Jarvis's current market capitalisation. The Group is trading ahead of management expectations and in view of this and strong cashflows, the board believes that the approach does not reflect the value and prospects of the Group and has accordingly rejected it. The board is considering its options which could include consideration of a sale of Jarvis.
In light of the continuing strong performance so far in 2008, Jarvis is pleased to declare an interim dividend of 7p per Ordinary share (increased by 75% on the 4p paid for the 2007 interim) to be paid on 25 July 2008 to the holders of Ordinary Shares on the register as at 27 June 2008. The ex-dividend date is 25 June 2008. Taking into account the final dividend paid on 14th March 2008 of 6p per share, this will make the total dividend paid for the year 13p (increased by 100% on the 6.5p paid in 2007). The dividend should not be taken as giving an indication of the Group's likely earnings for the current year.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Company confirms that it has 10,800,000 ordinary shares of 1p each in issue and admitted to trading on the London Stock Exchange under UK ISIN code GB00B013J330.
Dealing Disclosure Requirements:
Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of the Company, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of the Company, they will be deemed to be a single person for the purpose of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant securities' of the Company by the Company, or by any of its respective 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.
'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel.
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
HARRYCAT
- 16 Jun 2015 09:35
- 20 of 22
StockMarketWire.com
Jarvis Securities has declared a special interim dividend of 10 pence per share, to be paid on 16 July to shareholders on the register on 26 June. The shares will become ex-dividend on 25 June. This dividend is in addition to the usual quarterly dividends. There will be two further interim quarterly dividends in 2015 as per the timetable published on the Jarvis website.