Marwyn Value Investors Limited Net Asset Value (6805N)

TIDMMVI

RNS Number : 6805N

Marwyn Value Investors Limited

21 May 2020

LEI: 213800L5751QTTVEA774

21 May 2020

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 GBP1.51658 as at 7 May 2020. As at 7 May 2020, there were 59,481,459* ordinary shares and 27,340,367 exchange shares in issue.

As at 7 May 2020 the closing mid share price of an ordinary share in the Company was GBP0.7700 and represented a discount of 49.23% to the net asset value per ordinary share.

Historic Performance

 
                Estimated   Movement   Movement    Year to    NAV Inception   Total Return 
                 NAV per      over       over        date        to date        Inception 
                  share      Period      Month     Movement       (%) **       to date (%) 
                  (GBP)        (%)        (%)        (%)                           *** 
 
  2020: 
 
  May 7          1.51658      +0.2       +0.2       -5.5          +95.3          +118.7 
  April 30       1.51308                 +1.5       -5.7          +94.8          +118.2 
  March 31       1.49070                 -6.3       -7.1          +91.9          +115.0 
  February 
   28            1.59129                 -1.3       -0.8         +104.9          +129.5 
  January 31     1.61170                 +0.4       +0.4         +107.5          +132.5 
 
  2019: 
 
  December 
   31            1.60454                 +2.9       -16.5        +106.6          +131.4 
  November 
   29            1.55867                 -3.7       -18.9        +100.7          +124.8 
  October 31     1.61808                 -4.1       -15.8        +108.3          +133.4 
  September 
   30            1.68793                 -0.8       -12.2        +117.3          +143.4 
  August 30      1.70234                 -9.8       -11.4        +119.2          +145.5 
  July 31        1.88695                 -0.1       -1.8         +143.0          +172.2 
  June 30        1.88951                 +8.2       -1.7         +143.3          +172.5 
  May 31         1.74580                 -4.6       -9.2         +124.8          +151.8 
  April 30       1.82950                 +2.1       -4.8         +135.6          +163.9 
  March 29       1.79185                 -2.7       -6.8         +130.7          +158.4 
  February 
   28            1.84108                 +0.7       -4.2         +137.1          +165.5 
  January 31     1.82829                 -4.9       -4.9         +135.4          +163.7

Prepared on the following basis:

* As at 7 May 2020, 105,975 ordinary shares were held by Marwyn Value Investors L.P., acquired under the Company's share buyback scheme and for the purposes of the estimated net asset value per ordinary share, have been treated as cancelled.

** 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.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 21, 2020 12:25 ET (16:25 GMT)

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