B.P. Marsh & Partners Executes Share Buyback of 10,000 Shares at 680p, Reducing Voting Capital to 35.98 Million

Overview of the 680 Pence Share Acquisition

B.P. Marsh & Partners Plc confirmed the purchase of 10,000 ordinary shares at 680 pence each on 23 July 2026. Executed on the AIM market under ticker AIMX at 16:24:38, this transaction forms part of the Share Buyback programme announced on 15 July 2026. This move reflects the company’s ongoing capital management and shareholder return strategy.

The shares acquired will be held in Treasury rather than cancelled, affording the company flexibility in future use. The consistent pricing at 680 pence per share indicates the transaction was either a single block trade or multiple trades at the same price, providing transparency on the buyback cost and capital allocation.

Effect on Voting Share Capital and Shareholder Disclosure Obligations

Following this purchase, B.P. Marsh & Partners’ issued share capital totals 37,100,000 ordinary shares, with 1,124,488 held in Treasury. This leaves 35,975,512 shares carrying voting rights, which shareholders must use as the denominator for calculating disclosure requirements under the Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency Rules.

The reduction in voting share capital impacts notification thresholds for shareholders. Investors should reassess their holdings against the updated voting share count to determine if FCA notification obligations are triggered. This announcement ensures shareholders have precise figures to maintain regulatory compliance and uphold market transparency.

Compliance with Market Abuse Regulation Standards

The share buyback was conducted in full compliance with Article 5(1)(b) of Regulation (EU) No 596/2014 (Market Abuse Regulation), which remains part of UK law post-Brexit. The company disclosed detailed transaction data including shares purchased, price in GBP, execution time, and trading venue.

The detailed disclosure of the 10,000 shares bought at 680 pence via AIMX at 16:24:38 confirms adherence to transparency and fairness standards. Publishing this information through the RNS announcement ensures simultaneous market notification, supporting efficient market operations.

B.P. Marsh & Partners as an AIM-Listed Investment Entity

Listed on AIM, the London Stock Exchange’s market for smaller companies, B.P. Marsh & Partners operates a portfolio investment model supported by advisers and brokers. The company’s share buyback programme is a strategic capital management tool to optimize share capital and return value to shareholders.

By holding repurchased shares in Treasury, the company retains flexibility for future use, such as cancellation, employee share schemes, or other strategic purposes. This approach allows adaptive capital structure management. The company maintains active engagement with brokers and advisers, with contact details provided for investor inquiries through Singer Capital Markets Advisory LLP, Investec Bank plc, and Tavistock Communications.

Context of the Share Buyback Programme and Capital Strategy

The 10,000 share purchase at 680 pence per share continues the formal Share Buyback programme announced on 15 July 2026. This reflects a proactive capital management approach aimed at enhancing shareholder value by reducing dilution and potentially increasing earnings per share.

The measured execution of buybacks in increments allows the company to manage market impact and pricing. Treasury shares provide strategic options, including cancellation or deployment for acquisitions or employee incentives without issuing new shares.

Treasury Shares and Strategic Capital Deployment

With Treasury holdings now at 1,124,488 shares (approximately 2.9% of issued capital), B.P. Marsh & Partners gains operational flexibility in capital management. Treasury shares differ from cancelled shares by preserving optionality for future capital use, such as funding acquisitions or equity compensation.

This reserve supports strategic initiatives without requiring new equity issuance, enhancing the company’s agility in responding to market opportunities during the buyback programme.

Trade Execution Venue and Timing

The share purchase took place on the AIM market at 16:24:38 on 23 July 2026, within normal trading hours, ensuring fair price execution in a liquid market environment. The uniform price of 680 pence per share suggests either a negotiated trade or execution at a stable market price.

The buyback followed shortly after the programme announcement on 15 July 2026, indicating prompt management action and confidence in the company’s valuation at 680 pence per share.

Investor Relations and Contact Information

Investors seeking further information can visit www.bpmarsh.co.uk or contact management led by Daniel Topping and Alice Foulk at +44 (0)20 7233 3112. The company’s advisers include Singer Capital Markets Advisory LLP (+44 (0)20 7496 3000), Investec Bank plc (+44 (0)20 7597 5970), and Tavistock Communications ([email protected], +44 (0)20 7920 3150) for PR and investor relations.

Implications for Shareholders and Market Observers

This buyback impacts shareholder voting percentages and FCA notification thresholds due to the adjusted voting share capital of 35,975,512 shares. Shareholders should reassess their holdings accordingly.

The programme signals management’s view of fair value at 680 pence per share, though this is not investment advice. Market participants may monitor future buyback activity for insights into management’s capital allocation strategy. Transparency on Treasury holdings and voting shares supports informed investor decision-making.