Marwyn Value Investors Limited Net Asset Value (6174M)

TIDMMVI

RNS Number : 6174M

Marwyn Value Investors Limited

14 October 2016

14 October 2016

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 GBP2.12004 as at 7 October 2016. As at 7 October 2016, there were 79,292,032 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 7 October the closing mid share price of an Ordinary Share in the Company was GBP1.4150 and represented a discount of 33.26% to the net asset value per Ordinary Share.

Historic Performance

 
                    Estimated        Movement      Movement      Year to    NAV Inception   Total Return 
                   NAV per share    over Period    over Month      date      to date (%)      Inception 
                      (GBP) *           (%)           (%)        Movement         **         to date (%) 
                                                                   (%)                           *** 
  2016: 
 
  October 7          2.12004           +0.3          +0.3         -11.4        +173.0          +185.8 
  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 
 
  2015: 
 
  December 31        2.39165                         -6.8         -19.4        +208.0          +208.0 
  November 30        2.56725                         -1.2         -13.5        +230.6          +230.6 
  October 30         2.59857                         -3.1         -12.4        +234.6          +234.6 
  September 30       2.68126                         -7.7         -9.6         +245.2          +245.2 
  August 31          2.90377                         -3.4         -2.1         +273.9          +273.9 
  July 31            3.00536                         -4.0         +1.3         +287.0          +287.0 
  June 30            3.13012                         +7.6         +5.5         +303.0          +303.0 
  May 29             2.90871                         +1.5         -2.0         +274.5          +274.5 
  April 30           2.86502                         +0.9         -3.4         +268.9          +268.9 
  March 31           2.83914                         +1.8         -4.3         +265.6          +265.6 
  February 27        2.78988                         +6.5         -6.0         +259.2          +259.2 
  January 30         2.61926                         -11.7        -11.7        +237.3          +237.3 
 

Prepared on the following basis:

* Ordinary Shares in the Company acquired by Marwyn Value Investors L.P. are no longer in issue.

** 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.

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

END

NAVZZLFFQBFZFBZ

(END) Dow Jones Newswires

October 14, 2016 10:47 ET (14:47 GMT)