Director/PDMR Shareholding

RNS Number : 2907O
Marwyn Value Investors Limited
29 May 2020
 

LEI: 213800L5751QTTVEA774

 

29 May 2020

 

MARWYN VALUE INVESTORS LIMITED (THE "COMPANY")

 

SHARE DEALINGS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR")

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 ("MAR").

The Company today announces that it was notified that on 27 May 2020:

(i) Robert Ware, Non-Executive Chairman of the Company, purchased 200,174 Ordinary Shares in the Company, all at a price of 80 pence per share; and

(ii) Marwyn Long Term Incentive LP ("MLTI") purchased 7,750,000 Ordinary Shares in the Company, all at a price of 80 pence per share.  

Robert Ware now holds 700,174 Ordinary Shares in the Company, representing approximately 1.18% of the Company's issued Ordinary Shares.

MLTI, Mark Brangstrup Watts, James Corsellis and Antoinette Vandepuije, now together hold 8,665,837 Ordinary Shares, representing approximately 14.57% of the Company's issued Ordinary Shares.

 

MLTI is a Person Closely Associated with Mark Brangstrup Watts, James Corsellis and Antoinette Vandepuije, all directors of Marwyn Asset Management Limited ("MAML"), the manager of the Company and Marwyn Value Investors LP. Whilst none of Mark Brangstrup Watts, James Corsellis and Antoinette Vandepuije are PDMRs, they are voluntarily disclosing today's information to the market on an aggregate basis as if they were.

 

Company enquiries:

 

Louisa Bonney / Scott Danks

Axio Capital Solutions Limited

Telephone: 01534 761240

 

Gillian Martin

Liberum Capital Limited

Telephone: 020 3100 2200

 

PR enquiries:

 

Alex Child-Villiers / Will Barker

Temple Bar Advisory

Telephone:  020 7975 1415

 

ANNEX

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Robert Ware

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Marwyn Value Investors Limited

b)

 

LEI

 

 

213800L5751QTTVEA774

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

 

 

Identification code

KYG5897M1740

 

 

b)

 

Nature of the transaction

 

 

Acquisition

c)

 

Price(s) and volume(s)

 

 200,174 Ordinary Share Depository Interests at 80p

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

200,174 Ordinary Shares Depository Interests

 

 

- Price

80p

 

 

e)

 

Date of the transaction

 

 

27 May 2020

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

]


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