REG - B.P. Marsh &Partners - Director/PDMR Shareholding

B.P. Marsh & PartnersAnnouncement

12/11/2024 09:45

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RNS Number : 9023L  B.P. Marsh & Partners PLC  12 November 2024

12 November 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 Ms. Alice
Foulk, Managing Director, Mr. Daniel Topping, Chief Investment Officer, and
Mrs. Francesca Chappell, Chief Finance Officer, have each sold ordinary shares
of 10 pence each in the Company ("Ordinary Shares"). These were shares held
in the B.P. Marsh SIP Trust, on 11(th) November 2024. These shares form part
of the Company's HMRC Sanctioned Share Incentive Plan ("SIP") that was
established in March 2016 to incentivise employees of the Company.

 

Since the SIP's inception eight years ago the Company's share price has
increased by c.374% from 148.8p to 705.0p, being the closing price of the
Company's shares on 11 November 2024. The Group is therefore pleased to see
that this scheme is proving to be a valuable part of its remuneration
structure, aligning the interests of the management team and the shareholders
for the long term benefit of the Company and its stakeholders. With a portion
of these shares now vested and eligible for tax-free status, qualifying
individuals are able to fully realise the benefits of this opportunity.

 

Alice Foulk has sold 10,447 Ordinary Shares for a price of 700p per share. As
a result of the transaction, Alice's beneficial interest in the Company is as
follows:

 

 Ordinary Shares held under SOP   260,000
 Ordinary Shares held under JSOP  90,414
 Ordinary Shares held directly    23,428
 Ordinary Shares held under SIP   15,362
 Total                            389,204
 Shareholding Percentage          0.31%

 

Dan Topping has also sold 10,447 Ordinary Shares for a price of 700p per
share. As a result of the transaction, Daniel's beneficial interest in the
Company is as follows:

 

 Ordinary Shares held under SOP   220,000
 Ordinary Shares held under JSOP  167,465
 Ordinary Shares held directly    142,281(1)
 Ordinary Shares held under SIP   15,949
 Total                            545,695
 Shareholding Percentage          0.83%

(1) including 11,434 shares owned by his wife Claire Cronin and 1,758 shares
owned by his daughter Felicity Topping

 

Francesca Chappell (née Lowley) has also sold 10,447 Ordinary Shares for a
price of 700p per share. As a result of the transaction, Francesca's
beneficial interest in the Company is as follows:

 

 Ordinary Shares held under SOP   137,500
 Ordinary Shares held under JSOP  86,104
 Ordinary Shares held under SIP   15,362
 Ordinary Shares held directly    587
 Total                            239,553
 Shareholding Percentage          0.23%

 

 

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                                                         Alice Foulk
 2   Reason for notification
 a)  Position / status                                            Managing Director, 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                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)

Price(s)  Volume(s)

                                                                  £7.00     10,447
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      24-11-11
 f)  Place of the transaction                                     London Stock Exchange, AIM (XLON)

d)

Aggregated information

N/A

e)

Date of the transaction

24-11-11

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Topping
 2   Reason for notification
 a)  Position / status                                            Chief 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
     Identification code                                          ISIN: GB00B0XLRJ79
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)

Price(s)  Volume(s)

                                                                  £7.00     10,447
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      24-11-11
 f)  Place of the transaction                                     London Stock Exchange, AIM (XLON)

d)

Aggregated information

N/A

e)

Date of the transaction

24-11-11

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Francesca Chappell (née Lowley)
 2   Reason for notification
 a)  Position / status                                            Chief Finance 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
     Identification code                                          ISIN: GB00B0XLRJ79
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)

Price(s)  Volume(s)

                                                                  £7.00     10,447
 d)  Aggregated information                                       N/A
 e)  Date of the transaction                                      24-11-11
 f)  Place of the transaction                                     London Stock Exchange, AIM (XLON)

d)

Aggregated information

N/A

e)

Date of the transaction

24-11-11

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

 

 For further information, please visit www.bpmarsh.co.uk
 (http://www.bpmarsh.co.uk) or contact:

 B.P. Marsh & Partners Plc                            +44 (0)20 7233 3112

 Brian Marsh OBE / Alice Foulk

 Nominated Adviser & Joint Corporate Broker:          +44 (0)20 78862500

 Panmure Liberum Limited

 Atholl Tweedie / Amrit Mahbubani / Ailsa MacMaster

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

 Singer Capital Markets Advisory LLP

 Charles Leigh Pemberton / James Moat / Asha Chotai

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

 Tavistock                                            +44 (0)20 7920 3150

 Simon Hudson / Katie Hopkins

 

Notes to Editors:

 

B.P. Marsh's current portfolio contains sixteen companies. More detailed
descriptions of the portfolio can be found at www.bpmarsh.co.uk
(http://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 over ten
years.

 

- Ends -

 

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