Added to YB: 2025-04-29
Pitch date: 2025-04-27
JIM.L [bullish]
Jarvis Securities plc
Author Info
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Company Info
Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom.
Market Cap
GBP 6.5M
Pitch Price
N/A
Price Target
26.00
Dividend
36.21%
Sector
Capital Markets
Category
special_situation
Jarvis Securities plc - $JIM.L
JIM.L: UK brokerage selling execution-only business to Interactive Investor for $14.6M (vs $8.65M mkt cap). 70% chance deal closes July 2025 if 90% client assets retained. Immediate $11.93M payment, then $1.33M at 12mo, $1.33M at 18mo. $7.85M cash limits downside. 37.9% upside on first payment, 47.4% IRR per Graham formula.
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