Share Buy-Back Programme Update
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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.
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