REG - B.P. Marsh &Partners - New Share Buyback Programme

B.P. Marsh & PartnersAnnouncement

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RNS Number : 1245Y  B.P. Marsh & Partners PLC  26 March 2026

26 March 2026

 

B.P. Marsh & Partners Plc

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

 

New Share Buyback Programme

 

B.P. Marsh & Partners Plc (AIM: BPM), the specialist venture capital
investor in early stage financial services businesses, today announces the
launch of a new share buy-back programme (the "Programme"). This follows
completion of the buyback programme announced on 17 April 2025 pursuant to
which 291,583 Ordinary Shares were repurchased for a total consideration of
£2 million.

 

The Company has entered into an irrevocable commitment with Singer Capital
Markets to manage the Programme through a non-discretionary programme,
repurchasing the Company's Ordinary Shares on its behalf, for up to a maximum
aggregate consideration of £2 million, and within certain defined parameters.
Singer Capital Markets will make trading decisions in relation to the buyback
of Ordinary Shares independently of the Company within the programme terms and
will therefore have the ability to trade during close periods.

 

Share repurchases will take place in open market transactions and may be made
from time to time depending on market conditions, share price, trading volume
and other terms. The maximum price paid per Ordinary Share will be no more
than the higher of (a) 5 per cent. above the average middle market quotations
for an Ordinary Share (as derived from the AIM Appendix to the London Stock
Exchange Daily Official List) for the five business days immediately prior to
the day the purchase is made and (b) the higher of the price of the last
independent trade and the highest current independent purchase bid for
Ordinary Shares on the trading venue where the purchase is carried out. Under
the Programme, the repurchased shares will be held in treasury at the
Company's discretion for later reissue or cancellation. Shares held in
treasury are not entitled to dividends and have no voting rights at the
Company's general meetings.

 

The Programme will operate in accordance with the Company's general authority
to purchase a maximum of 3,710,000 Ordinary Shares (the "Authority"), granted
by its shareholders at the General Meeting of the Company held on 2 June 2025
(since when the Company repurchased 1,060,814 Ordinary Shares pursuant to the
Authority, comprising 291,583 Ordinary Shares as referred to above and
separately a further 769,231 Ordinary Shares as announced on 7 August 2025).

 

Unless renewed sooner, the Authority will expire at the Company's next Annual
General Meeting (the "2026 AGM") or, if earlier, at the close of business on
31 July 2026. The Company expects to seek shareholders' approval authorising
another such general authority for a further approximate twelve months in due
course at the 2026 AGM in accordance with the parameters set out above.

 

The purpose of the Programme is to reduce the Company's share capital. The
Company confirms that it currently has no unpublished price sensitive
information.

 

The Company will make further regulatory announcements in respect of
repurchases of Ordinary Shares as required by the UK's version of the Market
Abuse Regulation and the AIM Rules for Companies.

 

For further information on B.P. Marsh, its strategy and current portfolio,
please visit www.bpmarsh.co.uk (http://www.bpmarsh.co.uk/)  or contact:

 

 B.P. Marsh & Partners Plc                                  Tel: +44 (0) 20 7233 3112

 Daniel Topping / Alice Foulk

 Nominated Adviser & Joint Corporate Broker:
 Singer Capital Markets Advisory LLP                        Tel: +44 (0) 20 7496 3000
 Charles Leigh-Pemberton / Peter Steel / James Todd

 Joint Corporate Broker:                                    Tel: +44 (0) 20 7597 5970

 Investec Bank plc

 Christopher Baird / David Anderson / Maria Gomez de Olea

 Financial PR & Investor Relations:
 Tavistock                                                  Tel: +44 (0) 20 7920 3150

 Simon Hudson / Katie Hopkins / Kuba Stawiski               bpmarsh@tavistock.co.uk (mailto:bpmarsh@tavistock.co.uk)

 

About B.P. Marsh

 

B.P. Marsh & Partners Plc (AIM: BPM) is a specialist investor in early
stage and small to medium-sized financial services intermediary businesses,
with a particular focus on the insurance sector. Bridging the gap to
traditional private equity funding rounds, B.P. Marsh takes a typical initial
equity stake of up to £5m, often complemented by loans, and is able to
tailor its investment model to each opportunity. Taking a long-term view of
its investments, with an average holding period of around seven years, the
Group supplies strategic insight and capital while empowering entrepreneurial
management teams to grow their businesses.

 

The B.P. Marsh portfolio is diversified by geography and class of business,
spanning insurance brokers, underwriting agencies and financial advisers in
the UK, Europe, North America and other international markets. For further
information, including details of the current portfolio and recent exits,
please visit: www.bpmarsh.co.uk
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.bpmarsh.co.uk%2F&data=05%7C02%7Clashkari%40bpmarsh.co.uk%7C8d10a1ee5599402ebddd08de7a9a9493%7Cd58f5870d442482980eb264f897e39b8%7C0%7C0%7C639083001845603409%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=6%2FmxiEnPvMh7pOasZ1W1Cfa1689RFpry0%2B6BrmxEi1c%3D&reserved=0)
.

 

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