Transaction in Own Shares

RNS Number : 7610Q

B.P. Marsh & Partners PLC

22 February 2023

 

22 February 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:	22 February 2023
Aggregate number of Ordinary Shares purchased:	3,910
Lowest price paid per Ordinary Share (GBp):	329.40p
Highest price paid per Ordinary Share (GBp):	330.00p
Volume weighted average price paid per Ordinary Share (GBp):	329.65p

Following the above share buyback, the number of Ordinary Shares held by the Company in Treasury is 33,985 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 37,432,015 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
22/02/2023	AIMX	329.65p	3,910

 Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Date of Purchase	Venue
1,600	330p	09:56	22/02/2023	AIMX
2,310	329.40p	11:29	22/02/2023	AIMX

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.

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