Sign In
Last checked at 
24 Mar 2020 16:34
LEI: 213800L5751QTTVEA774
24 March 2020
MARWYN VALUE INVESTORS LIMITED (THE "COMPANY")
EXCHANGE PROCEDURE
The Company announces that it has approved the utilisation of the Exchange Procedure (as defined and described in the Company's prospectus dated 19 October 2016) to exchange 1,422,228 ordinary shares in the capital of the Company ("Ordinary Shares") held by Marwyn Value Investors LP (the "Master Fund") for 1,422,228 exchange shares in the capital of the Company ("Exchange Shares"). The Ordinary Shares were acquired by the Master Fund through the Company's share buy back scheme as announced by the Company on 14 September 2018.
Accordingly, the number of Ordinary Shares in issue is reduced from 60,903,687 to 59,481,459. The revised figure 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.
The number of Exchange Shares in issue now stands at 27,340,367.
Company enquiries:
Louisa Bonney / Scott Danks
Axio Capital Solutions Limited
Telephone: 01534 761240
Gillian Martin
Liberum Capital Limited
Telephone: 020 3100 2200
PR enquiries:
Alex Child-Villiers / Will Barker
Temple Bar Advisory
Telephone: 020 7975 1415
Follow the stocks
