Net Asset Value - 2021 Realisation Shares

Marwyn Value Investors Limited

15 January 2024

 

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

15 January 2024

Marwyn Value Investors Limited

Net Asset Value per 2021 Realisation Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value ("NAV") per 2021 realisation share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £1.93000 as at 31 December 2023. As at 31 December 2023 there were 360,482 2021 realisation shares in issue.

As at 31 December 2023 the closing mid share price of a 2021 realisation share in the Company was £1.00000 and represented a discount of 48.19% to the NAV per 2021 realisation share.

Historic NAV Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	Inception to date shareholder total return (%) *	Total shareholder return inception to date (%) **
2023:
December 31	1.93000	+4.8	+5.1	+4.2	+193.1	+8.6
December 15	1.84134	+0.3	+0.3	-0.6	+179.7	+3.6
December 8	1.83499	-0.1	-0.1	-1.0	+178.7	+3.2
November 30	1.83619		+0.9	-0.9	+178.9	+3.3
October 31	1.82070		-0.1	-1.7	+176.5	+2.4
September 30	1.82201		-0.1	-1.7	+176.7	+2.5
August 31	1.82456		+1.6	-1.5	+177.1	+2.6
July 31	1.79628		-0.2	-3.0	+172.8	+1.0
June 30	1.80051		-0.2	-2.8	+173.5	+1.3
May 31	1.80342		+1.2	-2.7	+173.9	+1.4
April 30	1.78236		-0.4	-3.8	+170.7	+0.3
March 31	1.78897		-3.9	-3.4	+171.7	+0.6
February 28	1.86226		+0.5	+0.5	+182.8	+4.7
January 31	1.85347		+0.0	+0.0	+181.5	+4.3
2022:
December 31	1.85270		+3.2	+0.8	+181.4	+4.2
November 30	1.79539		+3.3	-2.3	+172.7	+1.0
October 31	1.73790		-0.2	-5.4	+163.9	-2.2
September 30	1.74102		-0.6	-5.2	+164.4	-2.1
August 31	1.75224		-0.6	-4.6	+166.1	-1.4
July 29	1.76298		+0.5	-4.0	+167.8	-0.8
June 30	1.75342		-1.5	-4.6	+166.3	-1.4
May 31	1.78088		+0.4	-3.1	+170.5	+0.2
April 29	1.77374		-2.2	-3.5	+169.4	-0.2
March 31	1.81283		-0.2	-1.3	+175.3	+2.0
February 28	1.81679		-0.2	-1.1	+175.9	+2.2
January 31	1.82104		-0.9	-0.9	+176.6	+2.4

On the basis that AdvancedAdvT's shares have been suspended since June 2023, under IFRS13 and in accordance with IPEV guidelines, the Manager is required to make a fair value assessment for the Company's year-end. The shares have been valued at 93p which is supported by the closing price of the shares on readmission on 10 January 2024.

*Inception to date shareholder total return is calculated based on the ordinary share performance up to the date the ordinary shares were converted to 2021 realisation shares on 30 November 2021, then movement in total shareholder value, including all distributions made to 2021 realisation shareholders from that date.

** Shareholder total return from creation of class is calculated as the movement in total shareholder value, including all distributions made to 2021 realisation shareholders since the creation of the 2021 realisation shares on 30 November 2021.

Shares in the Company are not designed or intended for retail investors. Marwyn Investment Management LLP, the Manager, does not promote shares in the Company to retail investors and they should not be offered to retail investors.

Enquiries to:

Aztec Financial Services (Jersey) Limited

Aztec Group House

11-15 Seaton Place

St Helier

Jersey

JE4 0QH

 

END