Net Asset Value

RNS Number : 0054F

Marwyn Value Investors Limited

22 July 2016

 

22 July 2016

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 ex-div* net asset value per Ordinary Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.10009 as at 8 July 2016. As at 8 July 2016, there were 79,292,032 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 8 July the closing mid share price of an Ordinary Share in the Company was £1.4850 and represented a discount of 29.29% to the net asset value per Ordinary Share.

Historic Performance

	Estimated NAV per share (£) **	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	NAV Inception to date (%) ***	Total Return Inception to date (%) ****
2016:
July 8	2.10009	+0.1	+0.1	-12.2	+170.4	+180.4
June 30	2.09776		-6.8	-12.3	+170.1	+177.3
May 31	2.25119		-0.0	-5.9	+189.9	+197.6
April 29	2.25213		-2.4	-5.8	+190.0	+197.7
March 31	2.30798		+3.5	-3.5	+197.2	+202.4
February 29	2.22994		-2.8	-6.8	+187.1	+192.1
January 29	2.29323		-4.1	-4.1	+195.3	+200.4
2015:
December 31	2.39165		-6.8	-19.4	+208.0	+208.0
November 30	2.56725		-1.2	-13.5	+230.6	+230.6
October 30	2.59857		-3.1	-12.4	+234.6	+234.6
September 30	2.68126		-7.7	-9.6	+245.2	+245.2
August 31	2.90377		-3.4	-2.1	+273.9	+273.9
July 31	3.00536		-4.0	+1.3	+287.0	+287.0
June 30	3.13012		+7.6	+5.5	+303.0	+303.0
May 29	2.90871		+1.5	-2.0	+274.5	+274.5
April 30	2.86502		+0.9	-3.4	+268.9	+268.9
March 31	2.83914		+1.8	-4.3	+265.6	+265.6
February 27	2.78988		+6.5	-6.0	+259.2	+259.2
January 30	2.61926		-11.7	-11.7	+237.3	+237.3

Prepared on the following basis:

* Ex-div net asset value reflects the shares going ex-div on 7 July 2016 for the interim dividend of 2.064p per Ordinary share as per the announcement on 30 June 2016 via RNS.

** Ordinary Shares in the Company acquired by Marwyn Value Investors L.P. are no longer in issue.

*** 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.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

 

END

 

 

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