22 February 2024
B.P. Marsh & Partners Plc
PDMR and Director Dealings
B.P. Marsh (AIM: BPM), the specialist investor in early-stage financial services businesses, announces that it has been notified that Mr. Dan Topping, Chief Investment Officer, has traded in the ordinary shares of 10 pence each in the Company ("Ordinary Shares").
The Company has been made aware that Mr. Topping on 21 February 2024 purchased 4,141 Ordinary Shares for 485p per share, or an aggregate of £20,083.85. As a result of the transaction, Dan has a beneficial interest in 139,760 Ordinary Shares (including 13,192 Ordinary Shares owned by Persons Closely Associated with Mr. Topping), together with a beneficial interest in 24,531 Ordinary Shares held in the Company's SIP Trust, representing in aggregate approximately 0.44% of the total voting rights of the Company.
Additionally, Dan, as part of the Company's Joint Share Ownership Plan, has a beneficial interest (as a joint owner alongside JTC Employer Solutions Trustee) over 167,465 Ordinary Shares, representing approximately 0.45% of the total voting rights of the Company.
Furthermore, Dan has options over 220,000 Ordinary Shares as part of the Company's Share Option Plan announced on 15th November 2023.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 | Daniel Topping | ||
| 2 | Reason for notification | |||
| a) | Position / status | Investment Officer, 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 | ||
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| Identification code | ISIN: GB00B0XLRJ79 | ||
| b) | Nature of the transaction | Purchase of Ordinary Shares via ISA | ||
| c) | Price(s) and volumes(s) |
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| d) | Aggregated information | N/A | ||
| e) | Date of the transaction | 2024-02-21 | ||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||
For further information:
| B.P. Marsh & Partners Plc | |
| Brian Marsh OBE | +44 (0)20 7233 3112 |
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| Nominated Adviser & Broker Panmure Gordon |
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| Atholl Tweedie / Stephen Jones / Amrit Mahbubani | +44 (0)20 7886 2500 |
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| Financial PR & Investor Relations |
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| 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 approaching ten years.
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