Net Asset Value - 2021 Realisation Shares

RNS Number : 4544B

Marwyn Value Investors Limited

07 October 2022

 

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

7 October 2022

Marwyn Value Investors Limited

Net Asset Value per 2021 Realisation Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per 2021 realisation share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is 1.74823 as at 23 September 2022. As at 23 September 2022 there were 360,482 2021 realisation shares in issue.

As at 23 September 2022 the closing mid share price of a 2021 realisation share in the Company was 1.00000 and represented a discount of 42.80% to the net asset value per 2021 realisation share.

Historic Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	Total shareholder return inception to date (%) *
2022:
September 23	1.74823	+0.1	-0.2	-4.8	-1.7
September 16	1.74695	+0.4	-0.3	-4.9	-1.7
September 9	1.73977	-0.7	-0.7	-5.3	-2.1
August 31	1.75224		-0.6	-4.6	-1.4
July 29	1.76298		+0.5	-4.0	-0.8
June 30	1.75342		-1.5	-4.6	-1.4
May 31	1.78088		+0.4	-3.1	+0.2
April 29	1.77374		-2.2	-3.5	-0.2
March 31	1.81283		-0.2	-1.3	+2.0
February 28	1.81679		-0.2	-1.1	+2.2
January 31	1.82104		-0.9	-0.9	+2.4
2021:
December 31	1.83725		+3.3	+3.3	+3.3

Potential settlement of VAT reclaim

As announced by the Company on 10 August 2022, the first of the Praesepe VAT reclaims in which the Master Fund has an interest has now been received, with £0.006 million of the amount attributable to the 2021 realisation shares. This amount was recognised in the 2021 realisation shares estimated net asset value as at 29 July 2022. A further £0.002 million attributable to 2021 realisation shares was received in September 2022 and was recognised in the estimated net asset value as at 16 September 2022.

The estimated net asset value per 2021 realisation share as at 23 September 2022 does not include any amounts relating to the settlement of the remaining VAT reclaims due to the significant uncertainty of the amount and timing of any such settlement of those claims.

*Inception to date is calculated from the creation of the 2021 realisation shares on 30 November 2021.

Enquiries to:

Aztec Financial Services (Jersey) Limited

Aztec Group House

11-15 Seaton Place

St Helier

Jersey

JE4 0QH

 

END

 

 

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