Partial Cash Redemption of Realisation Shares

RNS Number : 0894D

Marwyn Value Investors Limited

23 October 2020

 

LEI:   213800L5751QTTVEA774

23 October 2020

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 503,171 realisation shares (representing 12.017% 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 23 October 2020, the issued share capital of the Company in respect of the realisation shares consists of 3,684,055 shares.

Accordingly, the total number of voting rights in the Company is 61,518,156 comprising 57,834,101 ordinary shares and 3,684,055 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 Company's Articles of Association and the FCA's Disclosure Guidance and Transparency Rules.

As announced on 14 October 2020, a new ISIN KYG5897M3076 of the Company's realisation shares following the redemption has been enabled from 8.00 a.m. on 23 October 2020.  The ticker of the Company's remaining realisation shares, 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 9 November 2020.

Company enquiries:

Louisa Bonney / Scott Danks

Telephone: [phone]

Gillian Martin / Richard Bootle / Owen Matthews

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory Limited

Telephone: [phone]

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