Net Asset Value

RNS Number : 6033T

Marwyn Value Investors Limited

13 October 2017

 

13 October 2017

Marwyn Value Investors Limited

Net Asset Value per Ordinary Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per Ordinary Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.30546 as at 29 September 2017. As at 29 September 2017, there were 70,771,826 Ordinary Shares and 16,050,000 exchange shares in issue.

As at 29 September the closing mid share price of an Ordinary Share in the Company was £1.6850 and represented a discount of 26.91% to the net asset value per Ordinary Share.

Historic Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	NAV Inception to date (%) *	Total Return Inception to date (%) **
2017:
September 29	2.30546	-0.4	+1.9	+9.4	+196.9	+222.4
September 22	2.31500	-0.3	+2.3	+9.9	+198.1	+220.9
September 15	2.32134	+1.9	+2.6	+10.2	+198.9	+221.8
September 8	2.27775	+0.7	+0.7	+8.1	+193.3	+215.7
August 31	2.26272		+2.9	+7.4	+191.4	+213.6
July 31	2.19869		-0.6	+4.4	+183.1	+204.8
June 30***	2.21100		-2.5	+4.9	+184.7	+206.5
May 31	2.26847		+2.2	+7.7	+192.1	+211.7
April 28	2.21977		+3.1	+5.4	+185.8	+205.0
March 31	2.15319		+4.2	+2.2	+177.3	+195.9
February 28	2.06669		-1.1	-1.9	+166.1	+181.3
January 31	2.08947		-0.8	-0.8	+169.0	+184.4
2016:
December 30	2.10683		-2.3	-11.9	+171.3	+186.8
November 30	2.15676		+1.4	-9.8	+177.7	+190.8
October 31	2.12752		+0.7	-11.0	+173.9	+186.8
September 30	2.11373		-0.4	-11.6	+172.2	+182.2
August 31	2.12278		-0.1	-11.2	+173.3	+183.4
July 29	2.12545		+1.3	-11.1	+173.7	+183.7
June 30	2.09776		-6.8	-12.3	+170.1	+177.3
May 31	2.25119		-0.0	-5.9	+189.9	+197.6
April 29	2.25213		-2.4	-5.8	+190.0	+197.7
March 31	2.30798		+3.5	-3.5	+197.2	+202.4
February 29	2.22994		-2.8	-6.8	+187.1	+192.1
January 29	2.29323		-4.1	-4.1	+195.3	+200.4

Prepared on the following basis:

* The inception to date movement is based on the combined weighted average NAV of Marwyn Value Investors I, II and B shares prior to their amalgamation, using the conversion ratio published on 17 April 2008.

** The total return inception to date movement is based on the reinvestment of dividends paid to shareholders into the Company and is calculated on a cum-income basis.

*** Following the publication of the Company's unaudited interim results for the period ended 30 June 2017, the reported estimated NAV as 30 June 2017 has been updated.

Please note that the dividend amount to be paid to ordinary shareholders in October 2017 as announced on 28 September 2017, has been accrued as at 29 September 2017.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

 

END

 

 

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