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RNS Number : 7510N

Marwyn Value Investors Limited

01 October 2021

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

LEI: 213800L5751QTTVEA774

1 October 2021

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 GBP1.81549 as at 17 September 2021. As at 17 September 2021, there were 55,850,842 ordinary shares and 30,970,984 exchange shares in issue.

As at 17 September 2021 the closing mid share price of an ordinary share in the Company was GBP1.2750 and represented a discount of 29.77% to the net asset value per ordinary share.

Historic Performance

 
                Estimated     Movement      Movement     Year to    NAV Inception     Total 
                 NAV per     over Period      over         date        to date        Return 
                  share          (%)        Month (%)    Movement       (%) *        Inception 
                  (GBP)                                    (%)                        to date 
                                                                                      (%) ** 
  2021: 
 
  September 
   17            1.81549        -0.2          -0.3        +11.3        +133.8         +172.3 
  September 
   10            1.81899        -0.1          -0.1        +11.5        +134.2         +172.8 
  August 31      1.82074                      +0.4        +11.6        +134.4         +173.1 
  July 30        1.81298                      -1.5        +11.2        +133.4         +168.5 
  June 30        1.84097                      +1.1        +12.9        +137.0         +172.7 
  May 28         1.82030                      +0.1        +11.6        +134.4         +169.6 
  April 30       1.81843                      +1.4        +11.5        +134.1         +166.0 
  March 31       1.79347                     +13.1        +10.0        +130.9         +162.4 
  February 
   26            1.58536                      -1.8        -2.8         +104.1         +131.9 
  January 29     1.61440                      -1.0        -1.0         +107.9         +132.8 
 
  2020: 
 
  December 
   31            1.63095                      +3.4        +1.6         +110.0         +135.2 
  November 
   30            1.57657                      +0.3        -1.7         +103.0         +127.4 
  October 30     1.57138                      +0.1        -2.1         +102.3         +126.6 
  September 
   30            1.57027                      +0.0        -2.1         +102.2         +126.5 
  August 28      1.57067                      -1.2        -2.1         +102.2         +126.5 
  July 31        1.58921                      +1.3        -1.0         +104.6         +129.2 
  June 30        1.56926                      +3.2        -2.2         +102.1         +126.3 
  May 29         1.52047                      +0.5        -5.2          +95.8         +119.3 
  April 30       1.51308                      +1.5        -5.7          +94.8         +118.2 
  March 31       1.49070                      -6.3        -7.1          +91.9         +115.0 
  February 
   28            1.59129                      -1.3        -0.8         +104.9         +129.5 
  January 31     1.61170                      +0.4        +0.4         +107.5         +132.5

The estimated net asset value per ordinary share as at 17 September 2021 does not include any amounts relating to the settlement of VAT reclaims arising from a historic investment in Praesepe plc, which operates in the gaming industry (as announced by the Company on 7 September 2021) due to the significant uncertainty of the amount and timing of any such settlement.

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:

Aztec Financial Services (Jersey) Limited

Aztec Group House

11-15 Seaton Place

St Helier

Jersey

JE4 0QH

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October 01, 2021 07:07 ET (11:07 GMT)

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