TIDMBPM
RNS Number : 1601C
B.P. Marsh & Partners PLC
13 June 2019
13 June 2019
B.P. Marsh & Partners Plc
PDMR/PCA Dealing
B.P. Marsh & Partners Plc (AIM: BPM), a niche venture
capital provider to early stage financial services businesses,
announces that yesterday Mr Brian Marsh, the Company's Executive
Chairman, has transferred 350,000 ordinary shares in the Company
("Shares") to the Marsh Christian Trust, a grant-making charitable
trust, for nil consideration.
Following this transfer of Shares, the Marsh Christian Trust, of
which Mr Marsh is a trustee, became interested in approximately
2.62% of the total voting rights of the Company. Mr Marsh retains a
total interest (including the aggregate total of 982,000 Shares now
held by the Marsh Christian Trust) in 15,634,679 Shares,
representing approximately 41.79% of the total voting rights of the
Company.
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 Initial
/ amendment
------------------------------ ------------------------------------
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 Ordinary shares of 10 pence each
financial instrument,
type of instrument
------------------------------ ------------------------------------
Identification code ISIN: GB00B0XLRJ79
------------------------------ ------------------------------------
b) Nature of the transaction Transfer of Shares as a gift to
the Marsh Christian Trust
------------------------------ ------------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
nil 350,000
------------------------------ ------------------------------------
d) Aggregated information N/A
------------------------------ ------------------------------------
e) Date of the transaction 19-06-12
------------------------------ ------------------------------------
f) Place of the transaction London Stock Exchange, AIM (XLON)
------------------------------ ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Marsh Christian Trust
---------------------------- --------------------------------------
2 Reason for notification
--------------------------------------------------------------------
a) Position / status Person closely associated with Brian
Marsh (PDMR)
---------------------------- --------------------------------------
b) Initial notification Initial
/ amendment
---------------------------- --------------------------------------
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 Ordinary shares of 10 pence each
financial instrument,
type of instrument
---------------------------- --------------------------------------
Identification code ISIN: GB00B0XLRJ79
---------------------------- --------------------------------------
b) Nature of the transaction Receipt of Shares as a gift from
Brian Marsh
---------------------------- --------------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
nil 350,000
---------------------------- --------------------------------------
d) Aggregated information N/A
---------------------------- --------------------------------------
e) Date of the transaction 19-06-12
---------------------------- --------------------------------------
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 / Camilla Kenyon +44 (0)20 7233 3112
Nominated Adviser & Broker
Panmure Gordon (UK) Limited
Atholl Tweedie / Charles Leigh-Pemberton /
Ailsa MacMaster +44 (0)20 7886 2500
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 at least five years.
Prior to Brian Marsh's involvement in the Company, he spent many
years in insurance broking and underwriting in Lloyd's as well as
the London and overseas market. He has over 30 years' experience in
building, buying and selling financial services businesses,
particularly in the insurance sector.
Alice Foulk joined B.P. Marsh in September 2011 having started
her career at a leading Life Assurance company. In 2014 she took
over as Executive Assistant to the Chairman, running the Chairman's
Office and established herself as a central part of the management
team.
In February 2015 she was appointed as a Director of B.P. Marsh
and a member of the Investment Committee. In January 2016 Alice was
appointed Managing Director of B.P. Marsh.
In her position as Managing Director, Alice is responsible for
the overall performance of the Company and monitoring the Company's
overall progress towards achieving the objectives and goals of the
Company, as set by the Board.
Dan Topping is the Chief Investment Officer of B.P. Marsh,
having been appointed as a Director in 2011. He joined the Company
in February 2007, following two years at an independent London
accountancy practice. Dan is the Senior Executive with overall
responsibility for the portfolio and investment strategy of B.P.
Marsh.
Dan graduated from the University of Durham in 2005 and is a
member of the Securities and Investment Institute and the Institute
of Chartered Secretaries and Administrators.
Dan is a standing member of the B.P. Marsh Investment and
Valuation Committees and currently serves as a Board Director
across the portfolio.
Camilla Kenyon (Millie) was appointed to the main Board in 2011,
following her appointment as Head of Investor Relations in 2009.
She has dual responsibilities within the Group, running both
Investor Relations and the New Business Department and is Chair of
the New Business Committee evaluating new investment
opportunities.
Millie is nominee director over one investee companies and is a
member of the Investment Committee. She has over 20 years of
experience in the financial services industry, including numerous
Board appointments and is a Member of the Investor Relations
Society.
Jonathan Newman is a Chartered Management Accountant and is the
Group Director of Finance and has over 20 years' experience in the
financial services industry. Jon graduated from the University of
Sheffield with an honours degree in Business Studies and joined the
Group in November 1999, following two years at Euler Trade
Indemnity and two years at a Chartered Accountants. Jon is a Member
of the Chartered Global Management Accountants, the Chartered
Management Accountants and the Chartered Institute of Securities
and Investment.
Jon was appointed a Director of B.P. Marsh & Company Limited
in September 2001, and Group Finance Director in December 2003 and
was instrumental in the admission of the Group to AIM in February
2006. Jon is a member of the B.P. Marsh Investment and Valuation
Committees and currently serves as a Board Director for Walsingham
Motor Insurance Limited, and provides senior financial support and
advice to all companies within the Group's portfolio as well as
evaluating new investment opportunities.
- Ends -
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHEALKDFLSNEFF
(END) Dow Jones Newswires
June 13, 2019 10:52 ET (14:52 GMT)
B.p. Marsh & Partners (LSE:BPM)
Historical Stock Chart
From Apr 2024 to May 2024
B.p. Marsh & Partners (LSE:BPM)
Historical Stock Chart
From May 2023 to May 2024