Appointment of Vin Murria OBE to MAC I

RNS Number : 2030K

Marwyn Value Investors Limited

31 December 2020

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Marwyn Value Investors Limited ("MVIL" or the "Company")

Appointment of Vin Murria OBE to Marwyn Acquisition Company I Limited

The Company notes today's announcement by Marwyn Acquisition Company I Limited regarding the appointment of Vin Murria OBE as Chairman. Marwyn previously worked with Vin to acquire and grow Advanced Computer Software plc ("ACS") through executing a highly successful buy-and-build strategy, ultimately delivering a cash multiple of 7.2x on the Marwyn funds' investment in ACS. 

Mark Brangstrup Watts, a director of Marwyn Asset Management Limited (the Manager of MVIL), commented: "We are delighted to be working with Vin again and look forward to her leading one of Marwyn's recently launched acquisition companies in pursuing mid-cap opportunities in the software sector. Vin is widely regarded as a pre-eminent operator in the sector and has an exceptional track record of delivering shareholder value".

Company enquiries:

Scott Danks / Louisa Bonney

Telephone: [phone]

Gillian Martin / Richard Bootle / Owen Matthews

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory Limited

Telephone: [phone]

Notes to editors:

Marwyn Value Investors Limited  is a closed-ended investment company on the London Stock Exchange Specialist Fund Segment - a fully regulated market for professional, institutional and sophisticated investors.  Marwyn's previous 11 comparable listed acquisition companies that have acquired platform businesses have gone on to make 83 subsequent transactions, delivering 4.4 billion in equity profits and an aggregate return to shareholders of 126 per cent. on invested capital as at 31 October 2020. 

For further information see  www.marwynvalue.com . Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

LEI: 213800L5751QTTVEA774

 

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