Net Asset Value

RNS Number : 6133L

Marwyn Value Investors Limited

28 December 2018

 

LEI: 213800L5751QTTVEA774

28 December 2018

Marwyn Value Investors Limited

Net Asset Value per Realisation Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per Realisation Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.11020 as at 14 December 2018. As at 14 December 2018 there were 6,720,731 Realisation Shares in issue.

As at 14 December the closing mid share price of a Realisation Share in the Company was £1.7000 and represented a discount of 19.44% to the net asset value per Realisation Share.

Historic Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	NAV Inception to date (%) *
2018:
December 14	2.11020	-1.3	-1.8	-5.2	-2.2
December 7	2.13750	-0.5	-0.5	-4.0	-0.9
November 30	2.14919		+4.5	-3.5	-0.4
October 31	2.05720		-0.9	-7.6	-4.6
September 28	2.07644		-3.6	-6.7	-3.7
August 31	2.15506		-0.1	-3.2	-0.1
July 31	2.15817		+0.9	-3.1	+0.1
June 30	2.13849		+3.0	-4.0	-0.8
May 31	2.07554		+3.1	-6.8	-3.8
April 30	2.01226		+5.9	-9.6	-6.7
March 29	1.90028		-6.1	-14.7	-11.9
February 28	2.02289		-5.1	-9.2	-6.2
January 31	2.13123		-4.3	-4.3	-1.2
2017:
December 29	2.22672		-4.0	+4.8	+3.2
November 30	2.32040		+0.3	+9.2	+7.6
October 31	2.31431		-3.3	+8.9	+7.3
September 29	2.39380		+1.0	+12.7	+11.0
August 31	2.36926		+3.1	+11.5	+9.9
July 31	2.29884		-0.6	+8.2	+6.6
June 30	2.31222		-2.8	+8.8	+7.2
May 31	2.37761		+5.2	+11.9	+10.2
April 28	2.26040		+3.0	+6.4	+4.8
March 31	2.19391		+5.1	+3.3	+1.7
February 28	2.08682		-1.1	-1.8	-3.2
January 31	2.10976		-0.7	-0.7	-2.2

*Inception to date is calculated from the creation of the Realisation Shares on 30 November 2016

Marwyn Asset Management Limited, the Manager of the Company and of Marwyn Value Investors LP (the "Master Fund"), through which the Company holds all its investments, today announces that the value of the Master Fund's investment in Le Chameau Group plc attributable to the Realisation Shares has been written down to £1.8m from a previous carrying value of £3.0m. The new value of £1.8m represents 13.3% of the NAV of the Realisation Shares as at 14 December. The pro forma NAV as at 14 December, assuming that the investment in Le Chameau Group plc is valued at £1.8m is £1.95899 per Realisation Share.

Enquiries to:

Axio Capital Solutions Limited

One Waverley Place

Union Street

St Helier

Jersey

JE1 1AX

 

END

 

 

NAVKDLFLVLFBFBE