B.p Marsh Share News (BPM)

IN BRIEF: BP Marsh & Partners remains positive about market outlook

BP Marsh & Partners PLC - venture capital investor in financial services businesses - Net asset value as at July 31 last year amounts to GBP179.8 million, up from GBP166.6 million at January 31, 2022. This represents a 8.5% during the six-month period.

BP Marsh NAV rises, 'positive' on ongoing performance and outlook

(Sharecast News) - Venture capital investor BP Marsh said on Tuesday that its net asset value had risen in the six months ended 31 July and said the firm "remains positive" regarding its ongoing performance and the outlook for the insurance market.

TRADING UPDATES: DeepVerge wins contract; Cora Gold plans fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

IN BRIEF: BP Marsh sets GBP1 million share buyback, declares dividend

BP Marsh & Partners PLC - venture capital investor in financial services businesses - Launches share buyback worth up to GBP1.0 million to reduce the current share price discount to net asset value. BP Marsh says it will buy shares only up to a price equivalent to a 20% discount to its most recent NAV of 499.0 pence per share, which would be 399.2p. BP Marsh notes it has authority to buy up to 3.7 million shares, conferred at its annual general meeting in July last year.

CORRECT: BP Marsh Chair Brian Marsh sells 552,000 shares via trust

(Correcting that Brian Marsh holds a 40% stake in BP Marsh, including trust's holding.)

DIRECTOR DEALINGS: On The Beach CFO, CEO buy; Softcat CEO sells

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and Friday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Goldman cuts Shell; Redburn likes BAE Systems

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

TRADING UPDATES: Revolution Bars swings to profit; Mind Gym sees loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

BP Marsh shares jump on strong first-half results

(Sharecast News) - BP Marsh reported a net asset value of £179.8m at the end of its first half on Tuesday, up from £155m a year earlier and £166.6m at the end of the 2022 financial year.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: BP Marsh & Partners trades well; confident of growth

BP Marsh & Partners PLC - investor in early-stage financial services businesses - Says majority of portfolio has performed well in the financial second half that ended July 31, despite macroeconomic challenges. Confident of continuing to grow and deliver returns for investors, and well-capitalised for prospective investments. Notes the 2.78 pence per share payout July for financial 2022, and aims "at least to maintain this level of dividend" in the next couple of years. Will release annual results on October 18.

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: Berenberg cuts Rolls-Royce; Barclays raises B&M

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: Berenberg and HSBC upgrade Wizz Air

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

BP Marsh & Partners net asset value rises; lifts dividend 14%

(Alliance News) - BP Marsh & Partners PLC on Monday said it saw 11% growth in net assets over its recently ended financial year as it looks for more investment opportunities.