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Pin to quick picksMarwyn Val. Regulatory News (MVI)

Share Price Information for Marwyn Val. (MVI)

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Share Price: 94.50
Bid: 92.00
Ask: 97.00
Change: -1.50 (-1.56%)
Spread: 5.00 (5.435%)
Open: 96.00
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Prev. Close: 96.00
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Marwyn Value Investors is an Investment Trust

To achieve long-term capital appreciation through its investment in the Master Fund primarily by focusing in mid cap businesses headquartered in the UK, Europe or North America.

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Exchange Procedure

8 Oct 2020 15:24

RNS Number : 5548B
Marwyn Value Investors Limited
08 October 2020
 

LEI: 213800L5751QTTVEA774

 

8 October 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 1,647,358 ordinary shares in the capital of the Company ("Ordinary Shares") held by Marwyn Value Investors LP (the "Master Fund") for 1,647,358 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 59,481,459 to 57,834,101. 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 28,987,725.

 

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: 07795 425580 / 07827 960151

 

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