TIDMMVI

RNS Number : 3055G

Marwyn Value Investors Limited

28 February 2018

28 February 2018

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 GBP1.96818 as at 16 February 2018. As at 16 February 2018, there were 70,771,826 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 16 February the closing mid share price of an Ordinary Share in the Company was GBP1.3775 and represented a discount of 30.01% to the net asset value per Ordinary Share.

Historic Performance

 
               Estimated   Movement   Movement     Year         NAV         Total 
                  NAV        over       over      to date     Inception     Return 
                  per       Period      Month     Movement     to date     Inception 
                 share        (%)        (%)        (%)          (%)        to date 
                 (GBP)                                            *           (%) 
                                                                              ** 
  2018: 
 
  February 
   16           1.96818      -1.4       -4.6       -8.4        +153.4       +177.9 
  February 
   9            1.99582      -3.3       -3.3       -7.1        +157.0       +181.8 
  January 
   31           2.06300                 -4.0       -4.0        +165.6       +191.3 
 
  2017: 
 
  December 
   29           2.14816                 -4.3       +2.0        +176.6       +203.3 
  November 
   30           2.24416                 +0.3       +6.5        +189.0       +213.8 
  October 
   31           2.23808                 -2.9       +6.2        +188.2       +213.0 
  September 
   29           2.30546                 +1.9       +9.4        +196.9       +222.4 
  August 
   31           2.26272                 +2.9       +7.4        +191.4       +213.6 
  July 31       2.19869                 -0.6       +4.4        +183.1       +204.8 
  June 30       2.21100                 -2.5       +4.9        +184.7       +206.5 
  May 31        2.26847                 +2.2       +7.7        +192.1       +211.7 
  April 28      2.21977                 +3.1       +5.4        +185.8       +205.0 
  March 31      2.15319                 +4.2       +2.2        +177.3       +195.9 
  February 
   28           2.06669                 -1.1       -1.9        +166.1       +181.3 
  January 
   31           2.08947                 -0.8       -0.8        +169.0       +184.4

Prepared on the following basis:

* 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 company news service from the London Stock Exchange

END

NAVDVLFLVLFXBBF

(END) Dow Jones Newswires

February 28, 2018 12:33 ET (17:33 GMT)

Marwyn Value Investors (LSE:MVI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Marwyn Value Investors Charts.
Marwyn Value Investors (LSE:MVI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Marwyn Value Investors Charts.