Date: 13th February 2020
On behalf of: B.P. Marsh & Partners PLC ("B.P. Marsh", "the Company" or "the Group")
Immediate release
B.P. Marsh & Partners Plc
PDMR and Director Dealings
B.P. Marsh (AIM: BPM), the specialist investor in early stage financial services intermediary businesses, announces that it has been notified that Mr. Brian Marsh, Executive Chairman, on 12th February 2020, purchased ordinary shares of 10 pence each in the Company ("Ordinary Shares").
Brian Marsh has purchased 8,200 Ordinary Shares for a price of 266p per share. As a result of the transaction, Brian will have a direct beneficial interest in 15,662,079 Ordinary Shares in total (including 982,000 shares owned by the Marsh Christian Trust), representing approximately 41.90% of the total voting rights of the Company.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a) |
Name |
Brian Marsh |
||||
2 |
Reason for notification |
|||||
a) |
Position / status |
Executive Chairman/PDMR |
||||
b) |
Initial notification / amendment |
Initial |
||||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
Name |
B.P. Marsh & Partners Plc |
||||
b) |
LEI |
2138008G8EPE3HAHEM13 |
||||
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10 pence each |
||||
|
Identification code |
ISIN: GB00B0XLRJ79 |
||||
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
||||
c) |
Price(s) and volumes(s) |
|
||||
d) |
Aggregated information |
N/A |
||||
e) |
Date of the transaction |
20-02-12 |
||||
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
For further information:
B.P. Marsh & Partners Plc |
|
Brian Marsh OBE / Harriett Osmond - Investor Relations |
+44 (0)20 7233 3112 |
|
|
Nominated Adviser & Broker Panmure Gordon (UK) Limited |
|
Atholl Tweedie / Charles Leigh-Pemberton / Ailsa Macmaster |
+44 (0)20 7886 2500
|
Financial PR Tavistock Communications Limited Simon Hudson / Tim Pearson |
+44 (0)20 7920 3150 |
Notes to Editors:
About B.P. Marsh & Partners Plc
B.P. Marsh's current portfolio contains seventeen companies. More detailed descriptions of the portfolio can be found at www.bpmarsh.co.uk.
Since formation over 25 years ago, the Company has assembled a management team with considerable experience both in the financial services sector and in managing private equity investments. Many of the directors have worked with each other in previous roles, and all have worked with each other for approaching ten years.
Since its inception B.P. Marsh has delivered an average annual compound increase in NAV of over 10% and this remains one of the Group's core goals for future years.
- Ends -