REG - B.P. Marsh &Partners - Director/PDMR Shareholding
RNS Number : 4394NB.P. Marsh & Partners PLC29 January 2021Date: 29 January 2021
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 businesses, announces that it has been notified that Mr. Daniel Topping, Chief Investment Officer, on 28th January 2021 purchased ordinary shares of 10 pence each in the Company ("Ordinary Shares").
Daniel Topping has purchased 1,432 Ordinary Shares for a price of 278.24p per share. As a result of the transaction, Daniel has a beneficial interest in 115,503 Ordinary Shares (including 11,434 shares owned by his wife Claire Topping), together with a beneficial interest in 23,659 Ordinary Shares held in the Company's SIP Trust, representing in aggregate approximately 0.37% of the total voting rights of the Company.
Additionally, Daniel, as part of the Company's Joint Share Ownership Plan, has a beneficial interest (as a joint owner alongside RBC CEES Trustee Limited) over 167,465 Ordinary Shares, representing approximately 0.45% 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
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
Purchase of Ordinary Shares via SIPP
c)
Price(s) and volumes(s)
Price(s)
£2.78
Volume(s)
1,432
d)
Aggregated information
N/A
e)
Date of the transaction
21-01-28
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
Nominated Adviser & Broker
Panmure Gordon (UK) Limited
Atholl Tweedie / Charles Leigh-Pemberton / Ailsa Macmaster
Financial PR/Investor Relations
Tavistock
Simon Hudson / Tim Pearson
+44 (0)20 7886 2500
+44 (0)20 7920 3150
Notes to Editors:
About B.P. Marsh & Partners Plc
B.P. Marsh's current portfolio contains eighteen 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.
- Ends -
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