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IN BRIEF: Marwyn Value invests further GBP5 million towards Le Chameau

Tue, 15th Aug 2023 11:10

Marwyn Value Investors Ltd - Says that funds managed by Marwyn Investment Management LLP have made a GBP5 million follow-on investment into Silvercloud Holdings Ltd, through which the investment in bootmaker Le Chameau is held. Says these are intended for Silvercloud to invest in and support the next phase of Le Chameau's expansion plans. Marwyn Value Investors Chief Investment Officer James Corsellis says: "Following growth over the last three years, we are delighted to be able support Le Chameau's expansion plans looking forward to its centenary year in 2027."

Current stock price: 86.00 pence, down 5.5%

12-month change: down 19%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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