Proposed Fund Reorganisation

RNS Number : 1070U

Marwyn Value Investors Limited

18 June 2009

 



MARWYN VALUE INVESTORS LIMITED (the 'Company')

Proposed fund reorganisation including proposed migration to the Cayman Islands (the 'Migration')

As announced on 9 June 2009, the Company expects that Migration will become effective at 5.00 p.m. on 8 July 2009 (the 'Migration Date').

With effect from Migration, the Ordinary Shares and Warrants will cease to be capable of themselves being admitted to CREST. Instead, Shareholders and Warrantholders who wish to hold and transfer interests in Ordinary Shares and Warrants within CREST will only be able to do so pursuant to depository interest arrangements. A letter setting out details of the action to be taken by Shareholders and Warrantholders prior to the Migration Date is being posted to Shareholders and Warrantholders today and will be available on the Company's website (www.marwynvalue.com).

As described in the Circular posted to Shareholders and Warrantholders on 8 April 2009, subject to the Migration becoming effective, the Company intends to implement the Exchange Procedure. Further details of the Exchange Procedure and the process to be followed to effect an Exchange will be announced via a Regulatory Information Services Provider following the Migration Date.

Further information:

Collins Stewart Europe Limited (Broker)
Piers Coombs, Stewart Wallace, Owen Price	020 7523 8350
Marwyn Value Investors Limited
Paul Everitt	014 8173 2889

 

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