14 Jan 2016 09:31
14 January 2016
Marwyn Value Investors Limited
Net Asset Value per Ordinary Share
The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per Ordinary Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.39165 as at 31 December 2015. As at 31 December 2015, there were 79,292,032 Ordinary Shares and 16,050,000 exchange shares in issue.
As at 31 December the closing mid share price of an Ordinary Share in the Company was £2.135 and represented a discount of 10.73% to the net asset value per Ordinary Share.
Historic Performance
| Estimated NAV per share (£) * | Movement over Period (%) | Movement over Month (%) | Year to date Movement (%) | Inception to date (%) ** |
2015: | |||||
December 31 | 2.39165 | -1.1 | -6.8 | -19.4 | +208.0 |
December 18 | 2.41772 | -0.5 | -5.8 | -18.5 | +211.3 |
December 11 | 2.42930 | -5.4 | -5.4 | -18.1 | +212.8 |
November 30 | 2.56725 | -1.2 | -13.5 | +230.6 | |
October 30 | 2.59857 | -3.1 | -12.4 | +234.6 | |
September 30 | 2.68126 | -7.7 | -9.6 | +245.2 | |
August 31 | 2.90377 | -3.4 | -2.1 | +273.9 | |
July 31 | 3.00536 | -4.0 | +1.3 | +287.0 | |
June 30 | 3.13012 | +7.6 | +5.5 | +303.0 | |
May 29 | 2.90871 | +1.5 | -2.0 | +274.5 | |
April 30 | 2.86502 | +0.9 | -3.4 | +268.9 | |
March 31 | 2.83914 | +1.8 | -4.3 | +265.6 | |
February 27 | 2.78988 | +6.5 | -6.0 | +259.2 | |
January 30 | 2.61926 | -11.7 | -11.7 | +237.3 | |
2014: | |||||
December 31 | 2.96690 | +3.3 | +14.5 | +282.0 | |
November 28 | 2.87262 | -3.4 | +10.9 | +269.9 | |
October 31 | 2.97461 | -0.3 | +14.8 | +283.0 | |
September 30 | 2.98449 | -9.9 | +15.2 | +284.3 | |
August 29 | 3.31217 | +5.2 | +27.8 | +326.5 | |
July 31 | 3.14908 | +8.1 | +21.5 | +305.5 | |
June 30 | 2.91370 | +2.1 | +12.5 | +275.2 | |
May 30 | 2.85404 | -3.3 | +10.2 | +267.5 | |
April 30 | 2.95095 | -6.4 | +13.9 | +280.0 | |
March 31 | 3.15383 | -0.7 | +21.7 | +306.1 | |
February 28 | 3.17620 | +7.5 | +22.6 | +309.0 | |
January 31 | 2.95385 | +14.0 | +14.0 | +280.3 | |
Prepared on the following basis:
* Ordinary Shares in the Company acquired by Marwyn Value Investors L.P. are no longer in issue.
** The inception to date movement is based on the combined weighted average NAV of Marwyn Value Investors I, II and B shares prior to their amalgamation, using the conversion ratio published on 17 April 2008.
Enquiries to:
Axio Capital Solutions Limited
One Waverley Place
Union Street
St Helier
Jersey
JE1 1AX