Net Asset Value(s)

RNS Number : 8793Y

Marwyn Value Investors Limited

11 July 2008

 



09 July 2008

Marwyn Value Investors Limited

Net Asset Value per Ordinary Share

The board of directors of Marwyn Value Investors Limited (the 'Company') today announce that the estimated net asset value per ordinary share of the Company based on the estimated value of the Marwyn Neptune Fund LP is £1.0868 as at 30 June 2008. This has not been adjusted for any potential warrant exercise dilution.

Warrant Summary

                                  Number             Exercise Price          Subscription Period

                                 23,259,055              £1.15                    30 September 2010

As at 30 June 2008, the share price of an ordinary share in the Company represented a discount of 25.00% to the net asset value per ordinary share. 

As at 30 June 2008, the share price of an ordinary share in the Company was below the exercise price for the warrants.

Historic Performance

	Estimated Undiluted NAV (£)	Movement over Month (%)	Year to date movement (%)
June	1.087	-9.1	-13.2
May	1.196	-3.7	-4.4
*April	1.242	2.6	-2.9
March	1.210	-5.1	-3.3
February	1.275	3.3	1.9
January	1.234	-1.4	-1.4
2007
December	1.251	1.2	20.1
November	1.236	0.1	18.8
October	1.235	4.3	18.7
September	1.184	1.0	13.8
August	1.173	-4.2	12.7
July	1.225	0.2	17.6

*On 18 April 2008, the Company was amalgamated with Marwyn Value Investors Limited. Details of the amalgamation can be found on the website at www.marwynvalue.com.

Enquiries to:

Fortis Fund Services (Guernsey) Limited

PO Box 119

Martello Court

Admiral Park

St Peter Port

Guernsey GY1 3HB

 

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