Net Asset Value - Ordinary Shares

Marwyn Value Investors Limited

22 September 2023

 

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

22 September 2023

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 ("NAV") per ordinary share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £1.67703 as at 8 September 2023. As at 8 September 2023, there were 55,490,360 ordinary shares and 30,970,984 exchange shares in issue.

As at 8 September 2023 the closing mid share price of an ordinary share in the Company was £0.91500 and represented a discount of 45.44% to the NAV per ordinary share.

Historic NAV Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	Total Return Year to date (%)**	NAV Inception to date (%) *	Total Return Inception to date (%) **
2023:
September 8	1.67703	-0.0	-0.0	-5.2	-1.3	+115.9	+179.3
August 31	1.67756		+0.3	-5.1	-1.3	+116.0	+179.4
July 31	1.67284		-0.2	-5.4	-2.9	+115.4	+174.9
June 30	1.67546		-0.2	-5.2	-2.7	+115.7	+175.3
May 31	1.67815		-0.1	-5.1	-2.6	+116.1	+175.7
April 30	1.67949		-0.4	-5.0	-3.8	+116.3	+172.3
March 31	1.68615		-4.1	-4.6	-3.4	+117.1	+173.4
February 28	1.75866		-0.7	-0.5	+0.7	+126.4	+185.1
January 31	1.77070		+0.1	+0.1	+0.1	+128.0	+183.5
2022:
December 31	1.76809		+3.4	-3.8	+1.5	+127.7	+183.0
November 30	1.71032		+2.2	-6.9	-1.9	+120.2	+173.8
October 31	1.67409		-0.1	-8.9	-5.2	+115.6	+164.4
September 30	1.67621		-0.6	-8.8	-5.1	+115.8	+164.7
August 31	1.68662		-1.9	-8.2	-4.5	+117.2	+166.3
July 29	1.71939		+0.6	-6.4	-4.0	+121.4	+167.9
June 30	1.70950		-1.6	-6.9	-4.5	+120.1	+166.4
May 31	1.73653		-0.8	-5.5	-3.0	+123.6	+170.6
April 29	1.75133		-2.1	-4.7	-3.5	+125.5	+169.3
March 31	1.78888		-0.2	-2.6	-1.4	+130.3	+175.1
February 28	1.79289		-1.5	-2.4	-1.2	+130.9	+175.7
January 31	1.81945		-1.0	-1.0	-1.0	+134.3	+176.3

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.

Shares in the Company are not designed or intended for retail investors. Marwyn Investment Management LLP, the Manager, does not promote shares in the Company to retail investors and they should not be offered to retail investors.

Enquiries to:

Aztec Financial Services (Jersey) Limited

Aztec Group House

11-15 Seaton Place

St Helier

Jersey

JE4 0QH

 

END