Director/PDMR Shareholding

RNS Number : 3991I
Marwyn Value Investors Limited
14 June 2011
 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities and Connected Persons

 

All relevant boxes should be completed in block capital letters.

1.

Name of the issuer                

 

Marwyn Value Investors Limited

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

 

(i)            DTR 3.1.2R

 

3.

Name of person discharging managerial responsibilities/director

 

Eitan Milgram

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

The notification relates to a person connected with the director named in 3.  Eitan Milgram is the Executive Vice President of WAM GP LLC, the General Partner of Weiss Asset Management LP, the Investment Manager of Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund

 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 of the above or in respect of a non-beneficial interest1

 

All shares of the issuer are owned by funds managed by Weiss Asset Management LP.  Eitan Milgram does not own any shares of the issuer directly.

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

Ordinary Shares

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

BNY Mellon: 20,935,732 shares

 

8.

State the nature of the transaction

 

Acquisition

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

250,000 shares

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

0.38%

11.

Number of shares, debentures or financial instruments relating to disposed

 

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13.

Price per share or value of transaction

 

GBP 1.220 per share

14.

Date and place of transaction

 

10 June 2011, London

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

 20,935,732 shares; 31.67%

 

16.

Date issuer informed of transaction

 

13 June 2011

 

                                                                                                                                                                                               

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.

Date of grant

 

N/A

 

 

18.

Period during which or date on which exercisable

 

N/A

19.

Total amount paid (if any) for grant of the option

 

N/A

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

N/A

 

23.

Any additional information

 

 

24.

Name of contact and telephone number for queries

 

Weiss Asset Management LP

c/o Georgiy Nikitin

222 Berkeley St., 16th Floor ,

Boston, MA 02116, USA

+1-617-778-7780

 

Name of authorised official of issuer responsible for making notification: Paul Cookson - Axio Capital Solutions Limited, Telephone: +44 (0) 1534 710970

 

Date of notification: 14 June 2011

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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