REG-Jarvis PLC Statement re Share Price Movement

com:20090910:RnsJ8441Y
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RNS Number : 8441Y  
  
Jarvis PLC  
  
10 September 2009  
  
10 September 2009  
  
JARVIS PLC ("Jarvis" or the "Company")  
  
STATEMENT RE SHARE PRICE MOVEMENT  
  
The Board of Jarvis notes the rise in the Company's share price. The Board 
wishes to emphasise that although a tentative inquiry has been made about a 
possible offer, the inquiry is extremely preliminary in nature and there can be 
absolutely no certainty that any approach or offer will be forthcoming.   
  
Enquiries  
  
Jarvis plc          
  
Toni Jackson  
  
Head of Communications  
  
Tel: 01904 712 667  
  
or  
  
Tim Anderson, Isabel Podda or James Strong,  
  
Buchanan Communications  
  
Tel: 020 7466 5000  
  
Dealing disclosure requirements  
  
The Directors of Jarvis accept responsibility for this announcement. To the best 
of the knowledge and belief of the Directors of Jarvis (who have taken all 
reasonable care to ensure that such is the case), the information in this 
announcement is in accordance with the facts and does not omit anything likely 
to affect the import of such information.  
  
Close Brothers Corporate Finance Limited, which is authorised and regulated in 
the United Kingdom by the Financial Services Authority, is acting as financial 
adviser to Jarvis and no one else in connection with the matters referred to in 
this announcement and will not be responsible to any person other than Jarvis 
for providing the protections afforded to the clients of Close Brothers or for 
providing advice in relation to the matters referred to herein.  
  
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any 
person is, or becomes, "interested" (directly or indirectly) in 1% or more of 
any class of "relevant securities" of Jarvis, 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acceptances, lapses or is otherwise withdrawn or on which the "offer period" 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 Jarvis, 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 Jarvis by the offeror or by Jarvis, or by any of their 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 website of The Panel on Takeovers and Mergers (the 
"Panel"), 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 of the Code, you should consult the Panel. 
  
  
Disclosure in accordance with Rule 2.10 of the City Code:   
  
In accordance with Rule 2.10 of the Code, the Company confirms that it has in 
issue and admitted to trading on the market operated by London Stock Exchange 
plc for listed securities, 213,292,874 ordinary shares of 5 pence each under the 
ISIN code:GB00B0DLKZ47.   
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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