Transaction in Own Shares

RNS Number : 5330E

Marwyn Value Investors Limited

19 October 2018

 

LEI: 213800L5751QTTVEA774

19 October 2018

MARWYN VALUE INVESTORS LIMITED (THE "COMPANY")

PURCHASE OF ORDINARY SHARES

The Company announces that Liberum Capital Limited as broker, on behalf of Marwyn Value Investors L.P. (the "Master Fund"), has purchased 22,998 of the Company's ordinary shares ("Ordinary Shares") (the "Purchased Shares").

Date of transaction:	18 October 2018
Average price paid per Ordinary Share:	122.5000 pence
Lowest price paid per Ordinary Share:	122.0000 pence
Highest price paid per Ordinary Share:	123.0000 pence

The total number of the Company's Ordinary Shares owned by, or on behalf of, the Master Fund is 149,964. The Company has been informed that the Master Fund intends to utilise the Exchange Procedure (as defined and described in the Company's prospectus dated 19 October 2016) in respect of the Purchased Shares such that the Purchased Shares will, in due course, be cancelled.

Until the Exchange Procedure is utilised in respect of the Purchased Shares, the total number of voting rights in the Company remains as 77,492,557, comprised of 70,771,826 Ordinary Shares and 6,720,731 Realisation Shares, each carrying one vote per share. 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.

For the purposes of the weekly estimated net asset value per Ordinary Share reporting, the Company will treat the Purchased Shares and any other Ordinary Shares held by, or on behalf of the Master Fund as already cancelled.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is available below.

Company enquiries:

Louisa Bonney / Scott Danks

Axio Capital Solutions Limited

Telephone: [phone]

Gillian Martin / Steve Pearce

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory

Telephone: [phone]

Trade details:

Transaction date	Transaction Time	Volume	Price (p)	Platform
18 October 2018	10:14	11,499	122.0000	XLON
18 October 2018	16:01	11,499	123.0000	XLON

 

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