Net Asset Value

RNS Number : 1648L

Marwyn Value Investors Limited

14 July 2017

 

14 July 2017

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 per Ordinary Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.25394 as at 30 June 2017. As at 30 June 2017, there were 70,771,826 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 30 June the closing mid share price of an Ordinary Share in the Company was £1.6425 and represented a discount of 27.13% 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 (%) **
2017:
June 30	2.25394	-1.9	-0.6	+7.0	+190.2	+212.5
June 23	2.29836	-0.0	+1.3	+9.1	+195.9	+215.8
June 16	2.29925	-0.1	+1.4	+9.1	+196.1	+215.9
June 9	2.30117	+1.4	+1.4	+9.2	+196.3	+216.2
May 31	2.26847		+2.2	+7.7	+192.1	+211.7
April 28	2.21977		+3.1	+5.4	+185.8	+205.0
March 31	2.15319		+4.2	+2.2	+177.3	+195.9
February 28	2.06669		-1.1	-1.9	+166.1	+181.3
January 31	2.08947		-0.8	-0.8	+169.0	+184.4
2016:
December 30	2.10683		-2.3	-11.9	+171.3	+186.8
November 30	2.15676		+1.4	-9.8	+177.7	+190.8
October 31	2.12752		+0.7	-11.0	+173.9	+186.8
September 30	2.11373		-0.4	-11.6	+172.2	+182.2
August 31	2.12278		-0.1	-11.2	+173.3	+183.4
July 29	2.12545		+1.3	-11.1	+173.7	+183.7
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

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.

Please note that the dividend amount due to be paid to Ordinary shareholders in July 2017 as announced on 29 June 2017, has been accrued as at 30 June 2017.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

 

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