Corrected Announcement: Transaction in Own Shares

RNS Number : 0999J

Marwyn Value Investors Limited

14 August 2019

 

LEI: 213800L5751QTTVEA774

14 August 2019

CORRECTED ANNOUNCEMENT

Further to the announcement of 7 August 2019, which disclosed the number of Ordinary Shares held by or on behalf of the Master Fund at 6 August 2019 as 980,648, this number is incorrect and the correct number of Ordinary Shares held by or on behalf of the Master Fund as at 6 August 2019 was 985,622. The corrected announcement is set out below.

MARWYN VALUE INVESTORS LIMITED (THE "COMPANY")

PURCHASE OF ORDINARY SHARES

The Company announces that Liberum Capital Limited as broker, on behalf of Marwyn Value Investors L.P. (the "Master Fund"), has purchased 6,117 of the Company's ordinary shares ("Ordinary Shares") (the "Purchased Shares").

Date of transaction:	6 August 2019
Average price paid per Ordinary Share:	128.2500 pence
Lowest price paid per Ordinary Share:	128.2500 pence
Highest price paid per Ordinary Share:	128.2500 pence

The total number of the Company's Ordinary Shares owned by, or on behalf of, the Master Fund in respect of the Company's buyback programme is 985,622. The Company has been informed that the Master Fund intends to utilise the Exchange Procedure (as defined and described in the Company's prospectus dated 19 October 2016) in respect of the Purchased Shares such that the Purchased Shares will, in due course, be cancelled.

Until the Exchange Procedure is utilised in respect of any Ordinary Shares, the total number of voting rights in the Company remains as 73,998,221, comprised of 67,277,490 Ordinary Shares and 6,720,731 Realisation Shares, each carrying one vote per share. These figures 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.

For the purposes of the weekly estimated net asset value per Ordinary Share reporting, the Company will treat the Purchased Shares as already cancelled.

Company enquiries:

Louisa Bonney / Scott Danks

Axio Capital Solutions Limited

Telephone: [phone]

Gillian Martin / Steve Pearce

Liberum Capital Limited

Telephone: [phone]

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory

Telephone:  [phone]

 

END

 

 

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