Director/PDMR Shareholding

RNS Number : 9446T

B.P. Marsh & Partners PLC

29 November 2021

 

29th November 2021

On behalf of: B.P. Marsh & Partners PLC ("B.P. Marsh" ,   "the Company" or "the Group" )

B.P. Marsh & Partners Plc

PDMR and Director Dealings

B.P. Marsh (AIM: BPM), the specialist investor in early-stage financial services businesses, announces that it has been notified that Mr. Daniel Topping, Chief Investment Officer, and Mr. Nicholas Carter, Non-Executive Director, have traded in the ordinary shares of 10 pence each in the Company ("Ordinary Shares").

The Company has been made aware that Mr. Topping on 29^th November 2021 purchased 689 Ordinary Shares for 325p per share, or an aggregate of £2,239.25. As a result of the transaction, Daniel has a beneficial interest in 120,881 Ordinary Shares (including 11,434 shares owned by his wife Claire Cronin), together with a beneficial interest in 18,660 Ordinary Shares held in the Company's SIP Trust, representing in aggregate approximately 0.37% of the total voting rights of the Company.

Additionally, Daniel, as part of the Company's Joint Share Ownership Plan, has a beneficial interest (as a joint owner alongside JTC Employer Solutions Trustee) over 167,465 Ordinary Shares, representing approximately 0.45% of the total voting rights of the Company.

The Company has also been made aware that on 25^th November 2021, Nicholas Carter sold 3,751 Ordinary Shares for 331p per share, or an aggregate consideration of £ 12,415.81, as part of a Bed and ISA transaction. Mr. Carter subsequently on 29^th November 2021 purchased 3,780 Ordinary Shares for 328p per share or aggregate consideration of £12,397.46 and 1,962 Ordinary Shares for 325.5p per share, or £6,386 in the aggregate. As a result of the transaction, Nicholas has a beneficial interest in 30,314 Ordinary Shares (including 5,314 shares owned by his wife Fiona Carter), representing in aggregate 0.08% 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	Daniel Topping
2	Reason for notification
a)	Position / status	Chief Investment Officer, 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 via SIPP
c)	Price(s) and volumes(s)	Price(s) £3.25 Volume(s) 689
d)	Aggregated information	N/A
e)	Date of the transaction	21-11-29
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Carter
2	Reason for notification
a)	Position / status	Non-Executive Director 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	Sale of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s) £3.31 Volume(s) 3,751
d)	Aggregated information	N/A
e)	Date of the transaction	21-11-25
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Carter
2	Reason for notification
a)	Position / status	Non-Executive Director 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 via ISA
c)	Price(s) and volumes(s)	Price(s) £3.27975 Volume(s) 3,780 £3.255 1,962
d)	Aggregated information	Aggregated volume: 5,742 Aggregated price: £18,783.77
e)	Date of the transaction	21-11-29
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

For further information:

B.P. Marsh & Partners Plc	www.bpmarsh.co.uk
Brian Marsh OBE	[phone]
Nominated Adviser & Broker Panmure Gordon (UK) Limited
Atholl Tweedie / Charles Leigh-Pemberton / Ailsa Macmaster Financial PR/Investor Relations Tavistock Simon Hudson / Tim Pearson	[phone] [e-mail] [phone]

Notes to Editors:

About B.P. Marsh & Partners Plc

B.P. Marsh's current portfolio contains sixteen companies. More detailed descriptions of the portfolio can be found at  www.bpmarsh.co.uk .

Since formation over 30 years ago, the Company has assembled a management team with considerable experience both in the financial services sector and in managing private equity investments. Several of the directors have worked with each other in previous roles, and all have worked with each other for more than ten years. 

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