Marwyn Value Investors Limited Net Asset Value (6316C)

TIDMMVI

RNS Number : 6316C

Marwyn Value Investors Limited

18 April 2017

Marwyn Value Investors Limited

Net Asset Value per Ordinary Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per Ordinary Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is GBP2.15319 as at 31 March 2017. As at 31 March 2017, there were 70,771,826 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 31 March the closing mid share price of an Ordinary Share in the Company was GBP1.35125 and represented a discount of 37.24% to the net asset value per Ordinary Share.

Historic Performance

 
               Estimated     Movement      Movement      Year to    NAV Inception   Total Return 
                NAV per     over Period    over Month      date        to date        Inception 
                 share          (%)           (%)        Movement       (%) *          to date 
                 (GBP)                                     (%)                         (%) ** 
  2017: 
 
  March 31      2.15319        -0.1          +4.2         +2.2         +177.3          +195.9 
  March 24      2.15559        +0.2          +4.3         +2.3         +177.6          +193.4 
  March 17      2.15062        +3.4          +4.1         +2.1         +176.9          +192.8 
  March 10      2.08046        +0.7          +0.7         -1.3         +167.9          +183.2 
  February 
   28           2.06669                      -1.1         -1.9         +166.1          +181.3 
  January 
   31           2.08947                      -0.8         -0.8         +169.0          +184.4 
 
  2016: 
 
  December 
   30           2.10683                      -2.3         -11.9        +171.3          +186.8 
  November 
   30           2.15676                      +1.4         -9.8         +177.7          +190.8 
  October 
   31           2.12752                      +0.7         -11.0        +173.9          +186.8 
  September 
   30           2.11373                      -0.4         -11.6        +172.2          +182.2 
  August 
   31           2.12278                      -0.1         -11.2        +173.3          +183.4 
  July 29       2.12545                      +1.3         -11.1        +173.7          +183.7 
  June 30       2.09776                      -6.8         -12.3        +170.1          +177.3 
  May 31        2.25119                      -0.0         -5.9         +189.9          +197.6 
  April 29      2.25213                      -2.4         -5.8         +190.0          +197.7 
  March 31      2.30798                      +3.5         -3.5         +197.2          +202.4 
  February 
   29           2.22994                      -2.8         -6.8         +187.1          +192.1 
  January 
   29           2.29323                      -4.1         -4.1         +195.3          +200.4

Prepared on the following basis:

* The inception to date movement is based on the combined weighted average NAV of Marwyn Value Investors I, II and B shares prior to their amalgamation, using the conversion ratio published on 17 April 2008.

** The total return inception to date movement is based on the reinvestment of dividends paid to shareholders into the Company and is calculated on a cum-income basis.

Please note that the dividend amount due to be paid to Ordinary shareholders in April 2017 as announced on 30 March 2017, has been accrued as at 31 March 2017.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

This information is provided by RNS

The company news service from the London Stock Exchange

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