Completion of Financing Arrangements
27/08/2004
Further to its announcement on 30 July 2004 that agreement had been reached in principle for the provision of new facilities and the extension of its existing facilities to 25 March 2005, Jarvis is pleased to announce that these agreements have now been fully documented and all conditions precedent met.As announced, Jarvis has also issued warrants to the lenders to subscribe for 7,081,180 new ordinary shares at their par value of 5p per share. The warrants are exercisable from the date of issue. On exercise, the new ordinary shares would represent less than 5% of the Company’s current issued share capital. Contacts: Jarvis
Paul Ravenscroft
Tel: 020 7017 8127 Tulchan Communications
Andrew Honnor
Tel: 020 7353 4200
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