10 March 2023
B.P. Marsh & Partners Plc
("B.P. Marsh" or the "Company")
Transaction in Own Shares
B.P. Marsh (AIM:BPM) announces that, in accordance with the terms of its share buyback programme announced on 16 January 2023 (the "Share Buyback Programme"), the Company purchased the following number of its ordinary shares of £0.10 each ("Ordinary Shares"). The purchased Ordinary Shares will be held by the Company in Treasury.
Date of purchase: |
9 March 2023 |
Aggregate number of Ordinary Shares purchased: |
3,416 |
Lowest price paid per Ordinary Share (GBp): |
327.0p |
Highest price paid per Ordinary Share (GBp): |
327.0p |
Volume weighted average price paid per Ordinary Share (GBp): |
327.0p |
Following the above share buyback, the number of Ordinary Shares held by the Company in Treasury is 49,802 and the total number of Ordinary Shares that the Company has in issue, including shares held in Treasury, is 37,466,000. Therefore, the total voting rights in the Company is 37,416,198 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation 596/2014/EU (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019), the table below contains detailed information of the individual trades made by Panmure Gordon as part of the Share Buyback Programme.
Aggregate information:
Date |
Venue |
Volume-weighted average price (pence per share) |
Aggregated volume |
09/03/2023 |
AIMX |
327.0p |
3,416 |
Individual transactions:
Number of shares purchased |
Transaction price |
Time of transaction |
Date of Purchase |
Venue |
3,416 |
327.0p |
15:30 |
09/03/2023 |
AIMX |
For further information:
B.P. Marsh & Partners Plc |
|
Brian Marsh OBE |
+44 (0)20 7233 3112 |
|
|
Nominated Adviser & Broker Panmure Gordon |
|
Atholl Tweedie / Stephen Jones / Amrit Mahbubani / Ailsa MacMaster |
+44 (0)20 7886 2500 |
|
|
Financial PR & Investor Relations |
|
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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