Last checked at 9 Feb 2024 09:25
9 February 2024
B.P. Marsh & Partners Plc
PDMR and Director Dealings
B.P. Marsh (AIM: BPM), the niche venture capital provider to early stage financial services businesses, announces that it has been notified that on 8 February 2024, 925,660 ordinary shares of 10 pence each in the Company ("Shares") were sold by the Marsh Christian Trust (the "Trust"), a charitable trust founded by the Company's Executive Chairman of which Mr. Marsh is a Trustee, at a price of 422.99 pence per Share.
The Trust no longer holds any Shares. Mr Brian Marsh retains an interest in 14,184,419 Shares, representing 38.12% of the Company's total voting rights.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Marsh Christian Trust | ||||
2 | Reason for notification | |||||
a) | Position / status | Person Closely Associated to Executive Chairman, Brian Marsh | ||||
b) | Initial notification / amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | B.P. Marsh & Partners Plc | ||||
b) | LEI | 2138008G8EPE3HAHEM13 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each | ||||
Identification code | ISIN: GB00B0XLRJ79 | |||||
b) | Nature of the transaction | Sale of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2024-02-08 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
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 / Amrit Mahbubani / Stephen Jones / Ailsa MacMaster | +44 (0)20 7886 2500 |
Financial PR & Investor Relations | |
Tavistock | bpmarsh@tavistock.co.uk |
Simon Hudson / Tim Pearson / Katie Hopkins | +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 over ten years.
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