Partial Cash Redemption of Realisation Shares

RNS Number : 1018W

Marwyn Value Investors Limited

06 December 2019

 

LEI: 213800L5751QTTVEA774

6 December 2019

MARWYN VALUE INVESTORS LIMITED (THE "COMPANY")

PARTIAL CASH REDEMPTION OF REALISATION SHARES

Further to the recent announcements relating to the partial cash redemption of realisation shares, the Company announces that it has today redeemed 2,533,505 realisation shares (representing 37.697% of the realisation shares in issue at the record date for the partial cash redemption). These shares have now been cancelled. As fractions of realisation shares were not redeemed the number of realisation shares which were redeemed for each shareholder was rounded down to the nearest whole number of realisation shares.

Therefore, as at 6 December 2019, the issued share capital of the Company in respect of the realisation shares consists of 4,187,226 shares.

Accordingly, the total number of voting rights in the Company is 66,333,106 comprising 62,145,880 ordinary shares and 4,187,226 realisation shares.  These figures should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

As announced on 29 November 2019, a new ISIN KYG5897M2169 of the Company's realisation shares post the redemption has been enabled from and including 6 December 2019.  The ticker of the Company's remaining realisation shares, MVIR, remains the same.

The payment of the redemption monies to eligible holders of realisation shares is expected to be effected through CREST (in the case of holders of depository interests relating to the realisation shares) or by cheque (in the case of realisation shares held in certificated form) by 23 December 2019.

Company enquiries:

Louisa Bonney / Scott Danks

Axio Capital Solutions Limited

Telephone: [phone]

Gillian Martin

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory Limited

Telephone: [phone] 

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