TIDMBPM
RNS Number : 1100I
B.P. Marsh & Partners PLC
14 June 2017
Date: 14 June 2017
On behalf of: B.P. Marsh & Partners Plc
Immediate release
B.P. Marsh & Partners Plc
("B.P. Marsh" or "the Company")
Director's Dealing
B.P. Marsh (AIM: BPM), the niche development capital provider to
early stage financial services businesses, announces that it has
been notified that the Self Invested Pension Plan ("SIPP") of Dan
Topping, an Executive Director of the Company, has purchased, on 13
June 2017, 3,006 ordinary shares of 10 pence each in the Company
("Ordinary Shares") at a price of 223 pence per Ordinary Share.
As a result of the transaction, Dan Topping will have a direct
beneficial interest in 47,124 Ordinary Shares, together with a
beneficial interest in 8,120 Ordinary Shares held in the Company's
SIP Trust, representing in aggregate approximately 0.19% of the
total voting rights of the Company.
Additionally, Dan Topping, as part of the Company's Joint Share
Ownership Plan, has a beneficial interest (as a joint owner
alongside B.P. Marsh Management Limited) over 355,283 Ordinary
Shares, representing approximately 1.22% 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.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Dan Topping
2 Reason for notification
a) Position / status Chief Investment Officer
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 N/A
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 Ordinary shares of 10 pence
the financial each
instrument, type
of instrument
Identification ISIN: GB00B0XLRJ79
code
b) Nature of the Purchase of shares via SIPP
transaction
c) Price(s) and volumes(s) Price(s) Volume(s)
223 pence 3,006
d) Aggregated information N/A
e) Date of the transaction 2017-06-13
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 +44 (0)20 7233 3112
Nominated Adviser & Broker
Panmure Gordon
Atholl Tweedie / Adam James / Charles Leigh-Pemberton +44 (0)20 7886 2500
Notes to Editors:
About B.P. Marsh & Partners Plc
B.P. Marsh's current portfolio contains fourteen 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 was appointed as Head of Investor Relations at
B.P. Marsh in February 2009, having four years' prior experience
with the Company. She was appointed to the main board in 2011.
Camilla is Chair of the New Business Committee evaluating new
investment opportunities. She acts as a nominee director and is a
standing member of the Investment Committee. She 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 17 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 company news service from the London Stock Exchange
END
DSHBSGDLUUBBGRS
(END) Dow Jones Newswires
June 14, 2017 10:55 ET (14:55 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