Director/PDMR Shareholding

RNS Number : 6702K
B.P. Marsh & Partners PLC
22 December 2022
 

 

 

 

Date: 22 December 2022

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

Immediate Release

 

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 22 December 2022, 552,000 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 297 pence per Share.

 

The Trust is now interested in 925,660 Shares and Mr Brian Marsh now has interests in an aggregate of 15,110,079 Shares (including the 925,660 Shares now held by the Trust) representing c. 40.33% 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

Closely Associated Person 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

213800BD2E99EXT76S10

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)

Price(s)

Volume(s)

297 pence

552,000

d)

Aggregated information

N/A

e)

Date of the transaction

2022-12-22

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 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 approaching ten years.

 

- Ends -

 

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