Partial Cash Redemption of Realisation Shares

RNS Number : 1630V

Marwyn Value Investors Limited

31 October 2017

 

31 October 2017

MARWYN VALUE INVESTORS LIMITED

(the "Company")

PARTIAL CASH REDEMPTION OF REALISATION SHARES

Further to the recent announcements relating to the partial cash redemption of Realisation Shares, the Company announces that it has today redeemed 1,588,413 Realisation Shares (representing 18.643% of the Realisation Shares in issue at the record date for the partial cash redemption). These shares have now been cancelled. As fractions of Realisation Shares were not redeemed the number of Realisation Shares which were redeemed for each shareholder was rounded down to the nearest whole number of Realisation Shares.

Therefore, as at 31 October 2017, the issued share capital of the Company in respect of the Realisation Shares consists of 6,931,793 shares.

Accordingly, the total number of voting rights in the Company is 77,703,619 comprising 70,771,826 Ordinary Shares and 6,931,793 Realisation Shares.  These figures should 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 Guidance and Transparency Rules.

As detailed in the previous announcement, a new ISIN KYG5897M1823 of the Company's Realisation Shares post the redemption (the "New ISIN") has been enabled from and including 31 October 2017.  The Company's Realisation Share ticker, MVIR, remains the same.

The payment of the redemption monies to eligible holders of Realisation Shares is expected to be effected through CREST (in the case of holders of depository interests relating to the Realisation Shares) or by cheque (in the case of Realisation Shares held in certificated form) by 17 November 2017.

Company enquiries:

Louisa Bonney / Scott Danks

Axio Capital Solutions Limited

Telephone: [phone]

Henry Freeman / Steve Pearce

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Ed Orlebar

Temple Bar Advisory Limited

Telephone: [phone]

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