Deferred Consideration Receipt & Special Dividend

B.P. Marsh & Partners PLC

16 April 2026

 

16 April 2026

B.P. Marsh & Partners Plc

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

Receipt of Deferred Consideration Following Sale

and

Intention to Declare a Special Dividend

Further to the announcements made on 25 March 2024 and 16 April 2025, B.P. Marsh & Partners Plc (AIM: BPM), the specialist private equity investor in early-stage financial services businesses, is pleased to confirm that it has received the final tranche of deferred consideration of £9.5m from the disposal of its shareholding in Paladin Holdings Limited, the parent company of CBC UK Limited.

·    Final tranche of deferred consideration of £9.5m

·      Total proceeds received from sale, including upfront and deferred consideration, of £62.7m

·      Initial investment comprised of £3.5k in equity and £5.9m of loan funding

·      Internal Rate of Return of 48.7%

Use of Proceeds

Following receipt of £9.5m (being the second and final tranche of deferred consideration), the Company announces its intention to return a total of £2.0m to shareholders in the Financial Year ending 2028 by way of special dividend, subject to Board approval. Further details regarding the special dividend will be announced in due course.

The above demonstrates the Company's disciplined capital allocation approach, balancing shareholder returns with maintaining adequate liquidity to support its pipeline of investment opportunities.

Dividends

·    Dividends of £10.5m paid, with a final dividend of £2.5m proposed, in the Financial Year ending 2027, totalling £13.0m

·    The intended £2.0m special dividend would increase total dividends in the Financial Year ending 2028 to £7.0m

·    This represents an aggregate of £28.0m of dividends paid and/or intended to be paid across the Financial Years ending 2026, 2027 and 2028

·    This equates to approximately 8% of the Group's Net Asset Value, based on aggregate dividends of £28.0m relative to the Net Asset Value as at 31 July 2025 of £349.5m

The Company remains committed to its established dividend policy, which seeks to deliver sustainable and progressive returns to shareholders over the long term, while retaining sufficient capital to support the growth of the investment portfolio.

Dividend distributions are considered alongside the Company's capital allocation priorities, including reinvestment into existing and new opportunities and, where appropriate, share buy-backs.

For further information on B.P. Marsh, its strategy and current portfolio, please contact: 

B.P. Marsh & Partners Plc Daniel Topping / Alice Foulk	[phone]
Nominated Adviser & Joint Corporate Broker: Singer Capital Markets Advisory LLP Charles Leigh-Pemberton / Peter Steel / James Todd	[phone]
Joint Corporate Broker: Investec Bank plc Christopher Baird / David Anderson / Maria Gomez de Olea	[phone]
Financial PR & Investor Relations: Tavistock Simon Hudson / Katie Hopkins / Kuba Stawiski	[e-mail] [phone]

About B.P. Marsh

B.P. Marsh & Partners Plc (AIM: BPM) is a specialist investor in early stage and small to medium-sized financial services intermediary businesses, with a particular focus on the insurance sector. Bridging the gap to traditional private equity funding rounds, B.P. Marsh takes a typical initial equity stake of up to £5m, often complemented by loans, and is able to tailor its investment model to each opportunity. Taking a long-term view of its investments, with an average holding period of around seven years, the Group supplies strategic insight and capital while empowering entrepreneurial management teams to grow their businesses.

The B.P. Marsh portfolio is diversified by geography and class of business, spanning insurance brokers, underwriting agencies and financial advisers in the UK, Europe, North America and other international markets. For further information, including details of the current portfolio and recent exits, please visit: www.bpmarsh.co.uk.

Forward-looking statements

This announcement may include statements, beliefs or opinions that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "targets", "aims", "continues", "expects", "intends", "hopes", "may", "will", "would", "could" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. No representation or warranty is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements contained in the announcement speak only as of their respective dates, reflect B.P. Marsh's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to B.P. Marsh's business, results of operations, financial position, liquidity, prospects, growth and strategies.

Except as required by any applicable law or regulation, B.P. Marsh expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement or any other forward-looking statements it may make whether as a result of new information, future developments or otherwise. 

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