B.P. Marsh & Partners Plc (AIM: BPM), the specialist venture capital investor in early stage financial services businesses, is pleased to provide the market with an update on trading for the Group’s six month period ended 31 July 2024 (the “Period”).

Highlights

• Continued strong performance of underlying portfolio
• £44.0m disposal on a net equity investment of £3,500 – CBC UK Limited
• New Investment – Devonshire UW Limited, a specialist underwriting agency
• The Group currently has a robust pipeline of potential new investments, with several opportunities in the final stages of negotiation
• Group funds at £80.2m as at 31 July 2024 compared to £4.3m at 31 July 2023 and no debt.
• Following several successful realisations, the Group has agreed a three year dividend policy, which is a considerable increase on the Group’s previous dividend policies

The Group remains positive regarding its ongoing performance and will be releasing its Half-Year Results for the six months to 31 July 2024 on 23 October 2024.

News in full

In the short interview below, the team outline how the firm has consistently outpeformed the market