PDMR and Director Dealings

B.P. Marsh & Partners PLC

04 August 2023

 

4 August 2023

B.P. Marsh & Partners Plc

("B.P. Marsh" or the "Company")

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, has undertaken a transfer of shares of 10 pence each in the Company ("Ordinary Shares").

The Company has been made aware that Daniel on 2 August 2023 has transferred a holding of 121,640 Ordinary Shares between nominee SIPP accounts for nil consideration.

Following the transfer, Daniel's beneficial interest in Ordinary Shares remains unchanged at 133,074 Ordinary Shares (including 11,434 Ordinary Shares held by his wife Claire Cronin), together with a beneficial interest in 24,531 Ordinary Shares held in the Company's SIP Trust, representing in aggregate approximately 0.42% 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.

Subsequently, on 3 August 2023, Daniel's wife, Claire Cronin, also transferred for nil consideration 11,434 Ordinary Shares between nominee accounts. There has been no change to Claire's interest in 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	Transfer and acquisition of Shares in SIPP
c)	Price(s) and volumes(s)	Price(s) 0 Volume(s) 121,640 0 121,640
d)	Aggregated information	N/A
e)	Date of the transaction	2023-08-02
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Claire Cronin
2	Reason for notification
a)	Position / status	Spouse of Executive Director/ Person Closely Associated
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	Transfer and acquisition of Shares
c)	Price(s) and volumes(s)	Price(s) 0 Volume(s) 11,434 0 11,434
d)	Aggregated information	N/A
e)	Date of the transaction	2023-08-03
f)	Place of the transaction	XOFF

For further information:                                                                       

B.P. Marsh & Partners Plc	www.bpmarsh.co.uk
Brian Marsh OBE	[phone]
Nominated Adviser & Broker Panmure Gordon
Atholl Tweedie / Stephen Jones / Amrit Mahbubani / Ailsa MacMaster	[phone]
Financial PR & Investor Relations
Tavistock	[e-mail]
Simon Hudson / Tim Pearson / Katie Hopkins	[phone]

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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