REG - B.P. Marsh &Partners - Share Buy-Back Programme Update

B.P. Marsh & PartnersAnnouncement

02/08/2024 08:45

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RNS Number : 9808Y  B.P. Marsh & Partners PLC  02 August 2024

2 August 2024

 

B.P. Marsh & Partners Plc

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

 

Share Buy-Back Programme Update

 

B.P. Marsh, the niche venture capital provider to early stage financial
services businesses, announces that, further to the announcement of its Share
Buy-Back Programme on 11 June 2024, the Company has agreed to revise the
maximum purchase price under this programme to enable it to purchase shares up
to a price representing a discount of at least 10% to the most recently
announced diluted NAV per share.

 

This is a reduction from the previous policy which had a limit representing a
15% discount to the diluted NAV per share.

 

All other terms of the Share Buy-Back Programme set out in the announcement on
11 June 2024 remain unchanged.

 

For further
information:

 

 B.P. Marsh & Partners Plc                           www.bpmarsh.co.uk (http://www.bpmarsh.co.uk/)
 Brian Marsh OBE                                     +44 (0)20 7233 3112

 Nominated Adviser & Broker

 Panmure Liberum Limited
 Atholl Tweedie / Amrit Mahbubani / Ailsa MacMaster  +44 (0)20 7886 2500

 Financial PR & Investor Relations
 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
(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.

 

 

 

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