Share Buy-Back Programme Update

RNS Number : 2953X

B.P. Marsh & Partners PLC

25 April 2023

 

25 April 2023

B.P. Marsh & Partners Plc

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

Share Buy-Back Programme Update

B.P. Marsh & Partners Plc (AIM: BPM), the specialist venture capital investor in early-stage financial services businesses, announces that, further to the Company's announcement on 16 January 2023, the Company has appointed Panmure Gordon (UK) Limited ("Panmure Gordon") to independently manage the Programme to repurchase Ordinary Shares on the Company's behalf with immediate effect. Panmure Gordon will make the share purchases on the Company's behalf and make all trading decisions independently of, and uninfluenced by, the Company. The Company has acquired 80,327 Ordinary Shares pursuant to, and since commencing, the Programme.

All other terms of the Programme remain as announced on 16 January 2023.

The Company will continue to make regulatory announcements in respect of repurchases of Ordinary Shares without delay.

The Company confirms that it currently has no unpublished inside information.

All capitalised terms in this announcement shall have the same meaning as defined in the Company's announcement on 16 January 2023 unless the context provides otherwise.

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	[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.

- Ends -

 

END

 

 

POSUSVRROWUSUUR