B.p Marsh Regulatory News (BPM)

Date:

On behalf of: B.P. Marsh & Partners Plc

Immediate Release

B.P. Marsh & Partners Plc

("B.P. Marsh" or the "Company")

Establishment of a Share Incentive Plan

B.P. Marsh, the niche venture capital provider to early stage financial services businesses, today announces that, as part of encouraging all employees to be shareholders in the Company, it has established an HMRC sanctioned Share Incentive Plan ("SIP").

Therefore, a total of 97,652 ordinary shares of 10 pence each ("Ordinary Shares") in the Company, which are currently held in Treasury, have been transferred to the B.P. Marsh SIP Trust.

A total of 9 employees were found to be eligible and applied for the 2015-16 SIP and have each today been granted 2,408 Ordinary Shares ("15-16 Free Shares"), representing £3,600 as at the current share price. The 15-16 Free Shares which have been awarded are subject to a 1 year forfeiture period.

Additionally, a total of 9 eligible employees applied for the 2016-17 SIP and will each be granted a number of Ordinary Shares ("16-17 Free Shares"), representing £3,600 at the price of issue. All eligible employees have been invited to take up the opportunity to acquire up to £1,800 worth of Ordinary Shares ("Partnership Shares"). For every Partnership Share that an employee acquires, the SIP Trust will offer two Ordinary Shares ("Matching Shares") up to a total of £3,600 worth of shares. The 16-17 Free, Partnership and Matching Shares will be awarded on 27th June 2016, with the 16-17 Free and Matching Shares being subject to a 1 year forfeiture period.

The Directors have participated in this award and further details of which (as at today's date) are set out below:

As a result of the above, the total number of Ordinary Shares in issue is 29,226,040, and the total number of voting rights in B.P. Marsh, is 29,150,060. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Mr. Brian Marsh OBE, Chairman of the Group stated "There is no doubt that it is very desirable for staff to have a direct shareholding interest in our Company and I am delighted that this has been arranged as set out above, which is clearly in shareholders' best interests. I hope that both will benefit from increases in the underlying value of the Company over the months and years ahead.

The take-up has been very positive, with all eligible employees subscribing for their full entitlements, and I would hope that this is something that the Company can offer on an ongoing basis, engendering long term loyalty throughout the Group."

For further information:

B.P. Marsh & Partners Plc www.bpmarsh.co.uk

Brian Marsh OBE / Camilla Kenyon +44 (0)20 7233 3112

Nominated Adviser & Broker

Panmure Gordon

Fred Walsh / Charles Leigh-Pemberton / Atholl Tweedie +44 (0)20 7886 2500

Notes to Editors:

About B.P. Marsh & Partners Plc

B.P. Marsh's current portfolio contains fourteen companies. More detailed descriptions of the portfolio can be found at www.bpmarsh.co.uk.

Since formation over 25 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 at least five years.

Prior to Brian Marsh's involvement in the Company, he spent many years in insurance broking and underwriting in Lloyd's as well as the London and overseas market. He has over 30 years' experience in building, buying and selling financial services businesses, particularly in the insurance sector.

Alice Foulk joined B.P. Marsh in September 2011 having started her career at a leading Life Assurance company. In 2014 she took over as Executive Assistant to the Chairman, running the Chairman's Office and established herself as a central part of the management team.

In February 2015 she was appointed as a Director of B.P. Marsh and a member of the Investment Committee. In January 2016 Alice was appointed Managing Director of B.P. Marsh.

In her position as Managing Director, Alice is responsible for the overall performance of the Company and monitoring the Company's overall progress towards achieving the objectives and goals of the Company, as set by the Board.

Dan Topping is the Chief Investment Officer of B.P. Marsh, having been appointed as a Director in 2011 joining the Company in February 2007, following two years at an independent London accountancy practice. Dan Topping is the Senior Executive with overall responsibility for the portfolio and investment strategy for B.P. Marsh, working alongside the Board and the Investment Directors to structure, develop, support and monitor the portfolio.

Dan graduated from the University of Durham in 2005 and is member of the Securities and Investment Institute and the Institute of Chartered Secretaries and Administrators.

Dan is a standing member of the B.P. Marsh Investment and Valuation Committees and currently serves as a Board Director across the portfolio

Camilla Kenyon was appointed as Head of Investor Relations at B.P. Marsh in February 2009, having four years' prior experience with the Company. She was appointed to the main board in 2011. Camilla is Chair of the New Business Committee evaluating new investment opportunities. She has a number of nominee directorships over two investee companies and is a standing member of the Investment Committee. She is a Member of the Investor Relations Society.

Jonathan Newman is a Chartered Management Accountant and is the Group Director of Finance and has over 17 years' experience in the financial services industry. Jonathan currently serves as a Board Director for The Broucour Group Limited and Walsingham Motor Insurance Limited, and their various subsidiary Boards, and provides senior financial advice to all companies within the Group's portfolio as well as evaluating new investment opportunities.

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