Update re Jarvis Investment Management Limited
Jarvis Securities plc has terminated the sale process for its wholly owned subsidiary, Jarvis Investment Management Limited (JIML), as no offers emerged despite initial interest from market participants. The wind-down of JIML will continue, and the Directors now consider it unlikely that Jarvis will realize any further value from this investment. Consequently, the Directors are considering the company's future and intend to return any remaining capital to shareholders later in the year if no suitable opportunity to create short-term shareholder value arises.
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On 5 May 2026 the Company announced the commencement of a process to explore the possibility of a sale of the share capital of its wholly owned subsidiary, JIML. Since then a significant number of market participants were contacted and this led to a number of expressions of initial interest. Unfortunately no offers have emerged, and the sale process has now been terminated.
The wind down process of JIML will continue as previously announced, but the Directors consider it is now unlikely that Jarvis will realise any further value from its investment in JIML. The Directors are considering the future of the Company, and in the absence of a suitable opportunity to create future shareholder value in the short term, they intend to make arrangements to return any remaining capital to shareholders later in the year.
Further updates will be provided in due course.
Steve Middleton, Non-executive Director of Jarvis Securities Plc, has approved this announcement and authorised its release.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.