MVI Marwyn Value Investors Limited

TIDMMVI

RNS Number : 0680L

Marwyn Value Investors Limited

16 April 2018

16 April 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 GBP1.84651 as at 29 March 2018. As at 29 March 2018, there were 70,771,826 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 29 March the closing mid share price of an Ordinary Share in the Company was GBP1.2600 and represented a discount of 31.76% 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          (%)           (%)        Movement       (%) *            to 
                 (GBP)                                     (%)                        date (%) 
                                                                                         ** 
  2018: 
  March 29      1.84651        -4.3          -5.9         -14.0        +137.8          +163.7 
  March 16      1.92885        -0.9          -1.7         -10.2        +148.4          +172.4 
  March 9       1.94544        -0.8          -0.8         -9.4         +150.5          +174.7 
  February 
   28           1.96154                      -4.9         -8.7         +152.6          +177.0 
  January 
   31           2.06300                      -4.0         -4.0         +165.6          +191.3 
 
  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.

Please note that the dividend amount to be paid to ordinary shareholders in April 2018 as announced on 27 March 2018, has been accrued as at 29 March 2018.

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

NAVXQLFFVZFZBBZ

(END) Dow Jones Newswires

April 16, 2018 09:48 ET (13:48 GMT)

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