REG - B.P. Marsh &Partners - Deferred Consideration Receipt & Special Dividend

B.P. Marsh & PartnersAnnouncement

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RNS Number : 6400A  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                                  +44 (0)20 7233 3112

 Daniel Topping / Alice Foulk

 Nominated Adviser & Joint Corporate Broker:                +44 (0)20 7496 3000

 Singer Capital Markets Advisory LLP

 Charles Leigh-Pemberton / Peter Steel / James Todd

 Joint Corporate Broker:                                    +44 (0)20 7597 5970

 Investec Bank plc

 Christopher Baird / David Anderson / Maria Gomez de Olea

 Financial PR & Investor Relations:                         bpmarsh@tavistock.co.uk (mailto:bpmarsh@tavistock.co.uk)

 Tavistock                                                  +44 (0)20 7920 3150

 Simon Hudson / Katie Hopkins / Kuba Stawiski

 

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
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.bpmarsh.co.uk%2F&data=05%7C02%7Clashkari%40bpmarsh.co.uk%7C8d10a1ee5599402ebddd08de7a9a9493%7Cd58f5870d442482980eb264f897e39b8%7C0%7C0%7C639083001845603409%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=6%2FmxiEnPvMh7pOasZ1W1Cfa1689RFpry0%2B6BrmxEi1c%3D&reserved=0)
.

 

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.

 

- Ends -

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