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Pin to quick picksMarwyn Val. Regulatory News (MVI)

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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

18 Dec 2020 17:20

RNS Number : 2358J
Marwyn Value Investors Limited
18 December 2020
 

LEI: 213800L5751QTTVEA774

 

18 December 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 1,983,259 ordinary shares in the capital of the Company ("Ordinary Shares") held by Marwyn Value Investors LP (the "Master Fund") for 1,983,259 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 57,834,101 to 55,850,842. 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 30,970,984.

 

Company enquiries:

Scott Danks / Louisa Bonney

Telephone: 07700 720 303

 

Gillian Martin / Richard Bootle / Owen Matthews

Liberum Capital Limited

Telephone: 020 3100 2200

 

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory Limited

Telephone: 07795 425580 / 07827 960151

 

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