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

B.P. Marsh & PartnersAnnouncement

13/02/2020 14:30

RNS Number : 9593C
B.P. Marsh & Partners PLC
13 February 2020
 


 
 
 
Date: 13th February 2020
On behalf of: B.P. Marsh & Partners PLC ("B.P. Marsh", "the Company" or "the Group")
Immediate release
 
B.P. Marsh & Partners Plc
PDMR and Director Dealings
B.P. Marsh (AIM: BPM), the specialist investor in early stage financial services intermediary businesses, announces that it has been notified that Mr. Brian Marsh, Executive Chairman, on 12th February 2020, purchased ordinary shares of 10 pence each in the Company ("Ordinary Shares").
 
Brian Marsh has purchased 8,200 Ordinary Shares for a price of 266p per share. As a result of the transaction, Brian will have a direct beneficial interest in 15,662,079 Ordinary Shares in total (including 982,000 shares owned by the Marsh Christian Trust), representing approximately 41.90% of the total voting rights of the Company.
 
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


Brian Marsh




2


Reason for notification




a)


Position / status


Executive Chairman/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


Purchase of Ordinary Shares




c)


Price(s) and volumes(s)





Price(s)
£2.66


Volume(s)
8,200




 


 








d)


Aggregated information


N/A




e)


Date of the transaction


20-02-12




f)


Place of the transaction


London Stock Exchange, AIM (XLON)



 
For further information:
                                                                                                                 



B.P. Marsh & Partners Plc


www.bpmarsh.co.uk




Brian Marsh OBE / Harriett Osmond - Investor Relations


+44 (0)20 7233 3112














Nominated Adviser & Broker
Panmure Gordon (UK) Limited








Atholl Tweedie / Charles Leigh-Pemberton / Ailsa Macmaster


+44 (0)20 7886 2500
 




Financial PR
Tavistock Communications Limited
 Simon Hudson / Tim Pearson


 
bpmarsh@tavistock.co.uk
+44 (0)20 7920 3150



 
Notes to Editors:
About B.P. Marsh & Partners Plc
B.P. Marsh's current portfolio contains seventeen companies. More detailed descriptions of the portfolio can be found at www.bpmarsh.co.uk.
Since formation over 25 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.
Since its inception B.P. Marsh has delivered an average annual compound increase in NAV of over 10% and this remains one of the Group's core goals for future years.
 
- Ends -
 
 




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