Transaction in Own Shares

B.P. Marsh & Partners PLC
01 August 2023
 

1 August 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:

1 August 2023

Aggregate number of Ordinary Shares purchased:

2,431

Lowest price paid per Ordinary Share (GBp):

413.0p

Highest price paid per Ordinary Share (GBp):

413.0p

Volume weighted average price paid per Ordinary Share (GBp):

413.0p

 

Following the above share buyback, the number of Ordinary Shares held by the Company in Treasury is 164,509 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 37,301,491 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

01/08/2023

AIMX

413.0p

2,431

 

 Individual transactions:

 

Number of shares purchased

Transaction price
(pence per share)

Time of transaction

Date of Purchase

Venue

2,431

413.0p

16:17

01/08/2023

AIMX

 

 

 

For further information:                                                                       

 

B.P. Marsh & Partners Plc

www.bpmarsh.co.uk

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.

 

- Ends -

 

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