Marwyn Value Investors Limited Results of Realisation Share Offer (2040Q)
November 25 2016 - 6:27AM
UK Regulatory
TIDMMVI
RNS Number : 2040Q
Marwyn Value Investors Limited
25 November 2016
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, ANY MEMBER STATE OF THE
EUROPEAN ECONOMIC AREA (OTHER THAN THE UNITED KINGDOM), CANADA,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.
25 November 2016
Marwyn Value Investors Limited (the "Company")
Results of Realisation Share Offer
Further to the announcement published by the Company on 19
October 2016, the Company is pleased to confirm the results of the
realisation share offer made to Company shareholders (the
"Realisation Share Offer").
The Company has received elections from and on behalf of
shareholders for 8,520,206 ordinary shares of 0.0001p each in the
capital of the Company ("Ordinary Shares"), representing 10.75 per
cent. of the issued Ordinary Shares, to redesignate such Ordinary
Shares as realisation shares of 0.0001p each ("Realisation
Shares"). A total of 8,520,206 Ordinary Shares will therefore be
redesignated as Realisation Shares (the "Redesignation").
An application has been made to the London Stock Exchange
("LSE") for admission of the Realisation Shares to trading on the
Specialist Fund Segment of the Main Market of the London Stock
Exchange (the "SFS") ("Admission"). The Company has received
confirmation from the LSE that the Realisation Shares satisfy the
LSE's eligibility criteria for Admission.
It is expected that the Redesignation will be completed,
Admission will become effective and that, subject to Admission,
dealings on the SFS for normal settlement in the Realisation Shares
will commence at 8:00 a.m. on 30 November 2016.
No director of the Company has elected to redesignate any of his
or her Ordinary Shares as Realisation Shares.
The ISIN of the Realisation Shares is KYG5897M2086, and the
SEDOL is BZ0BJH7.
This announcement contains inside information.
Company enquiries:
Louisa Bonney / Anita Weaver
Axio Capital Solutions Limited
Telephone: 01534 761240
Liberum Capital Limited
Steve Pearce / Henry Freeman
Telephone: 0203 100 2200
PR enquiries:
Alex Child-Villiers / Ed Orlebar
Temple Bar Advisory Limited
Telephone: 020 7002 1080
IMPORTANT INFORMATION
This announcement has been prepared by, and is the sole
responsibility of, the directors of the Company.
Liberum Capital Limited ("Liberum") is acting only for the
Company in connection with the matters described in this
announcement and is not acting for or advising any other person, or
treating any other person as its client, in relation thereto and
will not be responsible for providing the regulatory protection
afforded to clients of Liberum or advice to any other person in
relation to the matters contained herein.
This announcement may not be published, distributed or
transmitted by any means or media, directly or indirectly, in whole
or in part, in or into the United States. This announcement does
not constitute an offer to sell, or a solicitation of an offer to
buy, securities in the United States. Securities may not be offered
or sold in the United States absent registration under the U.S.
Securities Act of 1933, as amended (the "Securities Act"). The
securities mentioned herein have not been, and will not be,
registered under the Securities Act and will not be offered to the
public in the United States. The Company has not been, and will not
be, registered under the US Investment Company Act of 1940, as
amended.
Neither this announcement nor any copy of it may be taken or
transmitted into or distributed in any member state of the European
Economic Area (other than the United Kingdom), Canada, Australia,
the Republic of South Africa or Japan or any resident thereof. Any
failure to comply with these restrictions may constitute a
violation of the securities laws or the laws of any such
jurisdiction. The distribution of this announcement in other
jurisdictions may be restricted by law and the persons into whose
possession this announcement comes should inform themselves about,
and observe, any such restrictions.
This announcement may include "forward-looking statements". All
statements other than statements of historical facts included in
this announcement, including, without limitation, those regarding
the Company's financial position, investment strategy, plans and
objectives are forward-looking statements.
Forward-looking statements are subject to risks and
uncertainties and accordingly the Company's actual future financial
results and performance may differ materially from the results and
performance expressed in, or implied by, the statements. These
forward-looking statements speak only as at the date of this
announcement. The Company expressly disclaims any obligation or
undertaking to update or revise any forward-looking statements
contained herein to reflect actual results or any change in the
assumptions, conditions or circumstances on which any such
statements are based unless required to do so by the Financial
Services and Markets Act 2000, the Prospectus Rules of the
Financial Conduct Authority or other applicable laws, regulations
or rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFFFLELEFIR
(END) Dow Jones Newswires
November 25, 2016 07:27 ET (12:27 GMT)
Marwyn Value Investors (LSE:MVI)
Historical Stock Chart
From Apr 2024 to May 2024
Marwyn Value Investors (LSE:MVI)
Historical Stock Chart
From May 2023 to May 2024