Update on partial cash redemption

RNS Number : 5389X

Marwyn Value Investors Limited

13 January 2014

 



13 January 2014

MARWYN VALUE INVESTORS LIMITED

(the "Company")

PARTIAL CASH REDEMPTION OF ORDINARY SHARES

Further to the recent announcements relating to the partial cash redemption of Ordinary Shares, the Company wishes to announce that it has today redeemed 2,041,217 Ordinary shares (representing 3.0878% of the Ordinary shares in issue at the record date for the partial cash redemption), these shares have now been cancelled.  Fractions of Ordinary Shares were not redeemed and so the number of Ordinary Shares which were redeemed for each shareholder was rounded down to the nearest whole number of Ordinary Shares

Therefore, as at 13 January 2014, the Company's issued share capital (excluding Exchange shares) consists of 64,065,256 Ordinary Shares and 5,008,870 B Ordinary Shares.

Accordingly, the total number of voting rights in the Company is 69,074,126.  This figure may 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 and Transparency Rules.

As detailed in the previous announcement, a new ISIN number KYG5897M1583 of the Company's Ordinary Shares post the redemption (the "New ISIN") has been enabled from and including 13 January 2014.  The Company's ticker, MVI, remains the same.

The payment of the redemption monies to eligible holders of Ordinary Shares is expected to be effected through CREST (in the case of holders of depository interests relating to the Ordinary Shares) or by cheque (in the case of Ordinary Shares held in certificated form) by 31 January 2014.

Enquiries:

Robert Ware, Chairman	Marwyn Value Investors Limited	T: 44 (0) 20 7258 8670
Sue Inglis	Cantor Fitzgerald Europe	T: [phone]

 

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