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Share Price: 512.50

Bid: 505.00

Ask: 520.00

Change: 2.50 (0.49%)

Spread: 15.00 (2.97%)

Open: 510.00

High: 512.50

Low: 510.00

Prev. Close: 510.00

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IN BRIEF: BP Marsh & Partners invests in Pantheon Specialty

Wed, 21st Jun 2023 14:01

BP Marsh & Partners PLC - London-based venture capital investor in financial services businesses - Subscribes to a 25% stake in new holding company Pantheon Specialty Ltd. Says Pantheon owns Denison & Partners Ltd, in which BP Marsh owned a 40% stake of, and will thus provide Denison & Partners further loan funding of GBP500,000. Adds joint chief executive officer of Besso Group and Besso Ltd Robert Downman will become CEO of Pantheon and Denison & Partners, and Alasdair Ritchie will become Chairman of both Pantheon and Denison and Partners.

Current stock price: 401.98 pence, up 2.5%

12-month change: up 30%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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IN BRIEF: BP Marsh & Partners invests in Pantheon Specialty

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