Momentum Multi-Asset Value Trust Residual Net Asset Value (0563K)

TIDMMAVA

RNS Number : 0563K

Momentum Multi-Asset Value Trust

22 August 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THE JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

22 August 2023

Momentum Multi-Asset Value Trust plc (the "Company")

Publication of Residual Net Asset Value per Share

In connection with the circular posted on 21 July 2023 (the "Circular"), the Board of the Company is pleased to announce that the Residual Net Asset Value per Share was 145.86 pence, as at 11.59 p.m. on 17 August 2023 (the "Calculation Date").

Subject to the passing of the resolution at the Second General Meeting, Shareholders that have elected (or are deemed to have elected) for the Cash Option are expected to receive approximately 145 pence (rounded down to the nearest whole penny) per Ordinary Share with "B" rights. In accordance with the Scheme, cheques are expected to be dispatched in respect of the Cash Option and CREST payments made to Shareholders that have elected (or are deemed to have elected) for the Cash Option not later than 10 Business Days after the Effective Date.

A further announcement is expected to be made later this week concerning Shareholders that have elected (or are deemed to have elected) for the Rollover Option, detailing the number of ICVC Shares that they will receive for every Ordinary Share with "A" rights held. Subject to the passing of the resolution at the Second General Meeting, the ICVC Shares are expected to be issued on 23 August 2023. The ICVC Shares are being issued on the basis detailed in Part 2 of the Circular, with the value of the ICVC Rollover Pool being calculated at 12.00 noon on the Effective Date of 23 August 2023 (calculated in accordance with the valuation policies and procedures of the ICVC, as described in the ICVC Prospectus).

Capitalised terms used in this announcement have the meanings given to them in the Circular.

Enquiries:

Juniper Partners Limited, Company Secretary

0131 378 0500

Steve Hunter, Momentum Global Investment Management Limited

0151 906 2481

Legal Entity Identifier: 213800OQTUSRFDIL9L29

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August 22, 2023 02:45 ET (06:45 GMT)