Director/PDMR Shareholding

RNS Number : 9679V
B.P. Marsh & Partners PLC
12 August 2020
 

Date: 12th August 2020

On behalf of: B.P. Marsh & Partners Plc ("B.P. Marsh", the "Company" or the "Group")

 

B.P. Marsh & Partners Plc

PDMR/PCA Dealing

B.P. Marsh & Partners Plc (AIM: BPM), a niche venture capital provider to early stage financial services businesses, announces that on 11th August 2020, Mr. Brian Marsh, the Company's Executive Chairman, transferred 290,000 ordinary shares in the Company ("Shares") to the Marsh Christian Trust, a grant-making charitable trust, for nil consideration.

 

Following this transfer of Shares, the Marsh Christian Trust, of which Mr. Marsh is a trustee, became interested in approximately 3.40% of the total voting rights of the Company. Mr. Marsh retains a total interest (including the aggregate total of 1,272,000 Shares now held by the Marsh Christian Trust) in 15,662,079 Shares, representing approximately 41.85% of the total voting rights of the Company.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Brian Marsh

2

Reason for notification

a)

Position / status

Executive Chairman, PDMR

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

Transfer of Shares as a gift to the Marsh Christian Trust

c)

Price(s) and volumes(s)

Price(s)

nil

Volume(s)

290,000



d)

Aggregated information

N/A

e)

Date of the transaction

20-08-11

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

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 with Brian Marsh (PDMR)

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

Receipt of Shares as a gift from Brian Marsh

c)

Price(s) and volumes(s)

Price(s)

nil

Volume(s)

290,000



d)

Aggregated information

N/A

e)

Date of the transaction

20-08-11

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 / Charles Leigh-Pemberton / 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 seventeen 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 approaching ten years.

 

- Ends -

 

 


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