Business
Contract Wins
Contract Wins.
About this update from Jarvis Securities Plc
[{"type":"text","content":"\n Jarvis Securities plc\n17 November 2006\n\n\nJarvis Securities PLC\n\n('Jarvis' or the 'Company'\n\nContract Wins / Transactions in own shares\n\nThe Company is pleased to announce that it has reached an agreement with Saltus\nPartners LLP to provide Managed Fund administration, including PEP, ISA and\nSIPP account management services. Saltus is a private wealth management office \nbased in London and manager of the AcenciA Funds.\n\nThe Company is further pleased to announce agreements with Sigma Financial\nManagement Ltd and Simply CFDs Ltd to provide outsourced trade and settlement\nfunctions. This brings the total number of secured commercial contracts to 7 \nand provides a minimum revenue stream for 2007 of £150,000 (2006 £30,000). The\nCompany currently has a very strong pipeline of potential new business and is\ncurrently quoting for several new contracts.\n\nOrganic growth for retail execution only broking continues and market share has\nso far exceeded 1% for the whole of 2006. The Company was also pleased to win\nrecently the 2006 Investors Chronicle award for 'Best Execution only \nStockbroker for Cost'.\n\nFinally on 15th November 2006 the Company bought 30,000 shares to hold in\nTreasury pending cancellation at an average price of 88.17 pence per share.\n\nThe Company now holds a total of 30,000 shares in Treasury. The Company will\ncontinue to purchase its own shares for Treasury when appropriate and in\naccordance with the authority granted by its Members.\n\nJarvis Securities Plc Tel: 0870 224 1111\nMathew Edmett\n\nDANIEL STEWART & COMPANY PLC Tel: 0207 776 6550\nLindsay Mair\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1807,"tagName":"div"}]