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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