B.P. Marsh & Partners Plc
(“B.P. Marsh”, “the Company” or “the Group”)
Receipt of Deferred Consideration Following Sale
and
Intention to Declare a Special Dividend
Further to the announcements made on 25 March 2024 and 16 April 2025, B.P. Marsh & Partners Plc (AIM: BPM), the specialist private equity investor in early-stage financial services businesses, is pleased to confirm that it has received the final tranche of deferred consideration of £9.5m from the disposal of its shareholding in Paladin Holdings Limited, the parent company of CBC UK Limited.
- Final tranche of deferred consideration of £9.5m
- Total proceeds received from sale, including upfront and deferred consideration, of £62.7m
- Initial investment comprised of £3.5k in equity and £5.9m of loan funding
- Internal Rate of Return of 48.7%
Use of Proceeds
Following receipt of £9.5m (being the second and final tranche of deferred consideration), the Company announces its intention to return a total of £2.0m to shareholders in the Financial Year ending 2028 by way of special dividend, subject to Board approval. Further details regarding the special dividend will be announced in due course.
The above demonstrates the Company’s disciplined capital allocation approach, balancing shareholder returns with maintaining adequate liquidity to support its pipeline of investment opportunities.
Dividends
- Dividends of £10.5m paid, with a final dividend of £2.5m proposed, in the Financial Year ending 2027, totalling £13.0m
- The intended £2.0m special dividend would increase total dividends in the Financial Year ending 2028 to £7.0m
- This represents an aggregate of £28.0m of dividends paid and/or intended to be paid across the Financial Years ending 2026, 2027 and 2028
- This equates to approximately 8% of the Group’s Net Asset Value, based on aggregate dividends of £28.0m relative to the Net Asset Value as at 31 July 2025 of £349.5m
The Company remains committed to its established dividend policy, which seeks to deliver sustainable and progressive returns to shareholders over the long term, while retaining sufficient capital to support the growth of the investment portfolio.
Dividend distributions are considered alongside the Company’s capital allocation priorities, including reinvestment into existing and new opportunities and, where appropriate, share buy-backs.