Marwyn Value Investors Limited Net Asset Value (8870O)

TIDMMVI

RNS Number : 8870O

Marwyn Value Investors Limited

04 October 2019

LEI: 213800L5751QTTVEA774

4 October 2019

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 GBP1.70450 as at 20 September 2019. As at 20 September 2019, there were 67,277,490* ordinary shares and 19,544,336 exchange shares in issue.

As at 20 September the closing mid share price of an ordinary share in the Company was GBP1.2650 and represented a discount of 25.78% 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 (GBP)        (%)           (%)        Movement       (%) **       to date (%) 
                                                               (%)                           *** 
 
  2019: 
 
  September 
   20             1.70450          -0.7          +0.1         -11.3        +119.5          +145.8 
  September 
   13             1.71699          -0.5          +0.9         -10.7        +121.1          +147.6 
  September 
   6              1.72509          +1.3          +1.3         -10.2        +122.1          +148.8 
  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 
 
  2018: 
 
  December 
   31             1.92172                        -5.6         -10.5        +147.4          +177.2 
  November 
   30             2.03572                        +4.3         -5.2         +162.1          +193.6 
  October 31      1.95163                        -0.6         -9.1         +151.3          +181.5 
  September 
   28             1.96373                        -4.5         -8.6         +152.9          +183.2 
  August 31       2.05578                        -0.2         -4.3         +164.7          +196.5 
  July 31         2.06075                        +1.1         -4.1         +165.3          +197.2 
  June 30         2.03918                        +2.6         -5.1         +162.6          +194.1 
  May 31          1.98737                        +1.9         -7.5         +155.9          +183.8 
  April 30        1.95055                        +5.6         -9.2         +151.2          +178.5 
  March 29        1.84651                        -5.9         -14.0        +137.8          +163.7 
  February 
   28             1.96154                        -4.9         -8.7         +152.6          +177.0 
  January 31      2.06300                        -4.0         -4.0         +165.6          +191.3 
 
 

Prepared on the following basis:

* As at 20 September 2019, 5,131,610 ordinary shares were held by Marwyn Value Investors L.P., acquired under the partial offer made to ordinary shareholders in January 2019 and 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

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October 04, 2019 11:46 ET (15:46 GMT)