Date: 22 December 2022
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 niche venture capital provider to early stage financial services businesses, announces that it has been notified that on 22 December 2022, 552,000 ordinary shares of 10 pence each in the Company ("Shares") were sold by the Marsh Christian Trust (the "Trust"), a charitable trust founded by the Company's Executive Chairman of which Mr. Marsh is a Trustee, at a price of 297 pence per Share.
The Trust is now interested in 925,660 Shares and Mr Brian Marsh now has interests in an aggregate of 15,110,079 Shares (including the 925,660 Shares now held by the Trust) representing c. 40.33% of the Company's total voting rights.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Marsh Christian Trust |
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2 |
Reason for notification |
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a) |
Position / status |
Closely Associated Person to Executive Chairman, Brian Marsh |
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b) |
Initial notification / amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
B.P. Marsh & Partners Plc |
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b) |
LEI |
213800BD2E99EXT76S10 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 10 pence each |
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Identification code |
ISIN: GB00B0XLRJ79 |
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b) |
Nature of the transaction |
Sale of shares |
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c) |
Price(s) and volumes(s) |
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d) |
Aggregated information |
N/A |
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e) |
Date of the transaction |
2022-12-22 |
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f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
For further information:
B.P. Marsh & Partners Plc |
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Brian Marsh OBE |
+44 (0)20 7233 3112 |
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Nominated Adviser & Broker Panmure Gordon |
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Atholl Tweedie / Charles Leigh-Pemberton / Ailsa MacMaster |
+44 (0)20 7886 2500 |
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Financial PR & Investor Relations |
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Tavistock |
bpmarsh@tavistock.co.uk |
Simon Hudson / Tim Pearson |
+44 (0)20 7920 3150 |
Notes to Editors:
B.P. Marsh's current portfolio contains fifteen 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. Many of the directors have worked with each other in previous roles, and all have worked with each other for approaching ten years.
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