B.P. Marsh & Partners PLC Share Buy-Back Programme Update

RNS Number : 9808Y

B.P. Marsh & Partners PLC

02 August 2024

 

2 August 2024

 

B.P. Marsh & Partners Plc

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

 

Share Buy-Back Programme Update

 

B.P. Marsh, the niche venture capital provider to early stage financial services businesses, announces that, further to the announcement of its Share Buy-Back Programme on 11 June 2024, the Company has agreed to revise the maximum purchase price under this programme to enable it to purchase shares up to a price representing a discount of at least 10% to the most recently announced diluted NAV per share.

 

This is a reduction from the previous policy which had a limit representing a 15% discount to the diluted NAV per share.

 

All other terms of the Share Buy-Back Programme set out in the announcement on 11 June 2024 remain unchanged.

 

For further information:                                                                       

 

B.P. Marsh & Partners Plc	www.bpmarsh.co.uk
Brian Marsh OBE	[phone]
Nominated Adviser & Broker Panmure Liberum Limited
Atholl Tweedie / Amrit Mahbubani / Ailsa MacMaster	[phone]
Financial PR & Investor Relations
Tavistock	[e-mail]
Simon Hudson / Tim Pearson / Katie Hopkins	[phone]

 

Notes to Editors:

B.P. Marsh's current portfolio contains fifteen 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 over ten years.

 

 

 

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