B.P. MARSH & PARTNERS PLC

Remuneration Information • Apr 12, 2021

National Storage Mechanism | Additional information

RNS Number : 1946V

B.P. Marsh & Partners PLC

12 April 2021

Date: 12 April 2021

On behalf of: B.P. Marsh & Partners Plc

Immediate release

B.P. Marsh & Partners Plc

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

Share Incentive Plan and PDMR dealings

B.P. Marsh, the specialist venture capital provider to early stage financial services businesses, announces that on 12th April 2021, a total of 33,320 ordinary shares of 10p each ("Ordinary Shares") which were being held in treasury were transferred to the B.P. Marsh SIP Trust. As a result, together with the previously unallocated shares, the B.P. Marsh SIP Trust has 35,314 Ordinary Shares available for allocation.

Subsequently 13,330 Ordinary Shares, held in the B.P. Marsh SIP Trust, have been awarded to eligible employees as part of the Company's HMRC Sanctioned Share Incentive Plan ("SIP") as 'Free Shares' ("2021 Free Share Award").

A total of 10 eligible employees applied for the 2020 Free Share Award and have each been granted 1,333 Ordinary Shares, representing in value approximately £3,600 at the market price at the time of invitation. The 2021 Free Share Award is subject to a 1-year forfeiture period.

Certain Directors and Persons Discharging Managerial Responsibilities ("PDMR") have participated in this award and further details of those Directors' and PDMRs' interests in Ordinary Shares (as at today's date, following the award of 2021 Free Share Award) are set out below:

Directors & PDMR	Ordinary Shares held under SIP	Ordinary Shares held under JSOP	Ordinary Shares held directly
Alice Foulk	24,405	167,465	23,428
Dan Topping	24,992	167,465	117,121*
Jon Newman	24,992	167,465	18,317
Sinead O'Haire	24,992	167,465	24,695

*In aggregate including 11,434 shares held by his spouse.

At the date of this announcement, the total number of Ordinary Shares in issue is 37,466,000, and the total number of current voting rights in B.P. Marsh, is 37,456,458. The Company holds 9,542 Ordinary Shares in Treasury. The figure of 37,456,458 may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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 / Charles Leigh-Pemberton / Ailsa MacMaster	+44 (0)20 7886 2500

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

Alice Foulk

2

Reason for notification

a)

Position / status

Managing Director (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

Grant of free ordinary shares pursuant to the Company's SIP

c)

Price(s) and volumes(s)

Price(s)	Volume(s)
(ii) 0	1,333

d)

Aggregated information

N/A (single transaction)

e)

Date of the transaction

2021-04-12

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

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

Grant of free ordinary shares pursuant to the Company's SIP

c)

Price(s) and volumes(s)

Price(s)	Volume(s)
(ii)  0	1,333

d)

Aggregated information

N/A (single transaction)

e)

Date of the transaction

2021-04-12

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jonathan Newman

2

Reason for notification

a)

Position / status

Group Finance Director (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

Grant of free ordinary shares pursuant to the Company's SIP

c)

Price(s) and volumes(s)

Price(s)	Volume(s)
(ii)  0	1,333

d)

Aggregated information

N/A (single transaction)

e)

Date of the transaction

2021-04-12

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sinead O'Haire

2

Reason for notification

a)

Position / status

Chief Legal Officer & Group Company Secretary (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

Grant of free ordinary shares pursuant to the Company's SIP

c)

Price(s) and volumes(s)

Price(s)	Volume(s)
(ii)  0	1,333

d)

Aggregated information

N/A (single transaction)

e)

Date of the transaction

2021-04-12

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

Notes to Editors:

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 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 approaching ten years. 

- Ends - 

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