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Marwyn Value Investors Ltd - investment company managed by Marwyn Asset Management Ltd - Notes new acquisition company MAC Alpha Ltd has started trading on the London Main Market. Funds managed by Marwyn have invested GBP630,000 into MAC Alpha, representing 90% of its ordinary equity and warrants. The funds also have agreed to subscribe for up to a further GBP20 million in MAC Alpha securities to help fund an acquisition. The total investment attributable to Marwyn Value Investors' ordinary shares in MAC Alpha is GBP490,334, representing 0.5% of Marwyn Value Investors' net asset value. MAC Alpha will consider a broad range of sectors for acquisition.
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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