Update in relation to Unbound Group Plc

Marwyn Value Investors Limited

10 May 2023

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

LEI: 213800L5751QTTVEA774

10 May 2023

Marwyn Value Investors Limited (the "Company")

Update in relation to Unbound Group Plc

We refer to the announcement released earlier today by Unbound Group plc ("Unbound"). Marwyn Investment Management LLP as Manager of Marwyn Value Investors II L.P., one of the Company's underlying funds, following very recent receipt of revised historical and forecast financial information from Unbound's management can confirm that, as a result of that revised information, it terminated discussions with Unbound in relation to a potential investment.

Company enquiries:

Aztec Financial Services (Jersey) Limited

Chris Copperwaite / Magdala Mullegadoo

Telephone: [phone]

Investor Relations

Kam Bansil

Telephone: [phone]

Corporate Broker - Liberum Capital Limited

Chris Clarke / Owen Matthews

Telephone: [phone]

Financial Advisor -Investec Bank Plc

Christopher Baird / Alex Wright

Telephone: [phone]

FGS Global - PR Adviser
Rollo Head 07768 994 987

Marwyn Value Investors Limited is a closed-ended investment company on the London Stock Exchange Specialist Fund Segment - a fully regulated market for professional, institutional and sophisticated investors.

For further information see http://www.marwynvalue.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

 

END