Net Asset Value(s)

RNS Number : 3711N

Marwyn Value Investors Limited

16 February 2009

 



16 February 2009

Marwyn Value Investors Limited

Net Asset Value per Ordinary Share

The board of directors of Marwyn Value Investors Limited (the 'Company') today announce that the estimated net asset value per ordinary share of the Company based on the estimated value of the Marwyn Neptune Fund LP is £0.650 as at 31 January 2009. This has not been adjusted for any potential warrant exercise dilution.

Warrant Summary

Number	Exercise Price	Subscription Period
23,259,055	£1.15	30 September 2010

As at 31 January 2009, the share price of an ordinary share in the Company represented a discount of 80.8% to the net asset value per ordinary share. 

As at 31 January 2009, the share price of an ordinary share in the Company was below the exercise price for the warrants.

Historic Performance

	Estimated Undiluted NAV (£)	Movement over Month (%)	Year to date movement (%)
January	0.650	-5.7	-5.7
2008
December	0.689	-8.7	-44.9
November	0.755	-6.8	-39.6
October	0.811	-16.5	-35.2
September	0.972	-8.8	-22.4
August	1.065	-0.6	-14.9
July	1.071	-1.4	-14.4
June	1.087	-9.1	-13.2
May	1.196	-3.7	-4.4
*April	1.242	2.6	-2.9
March	1.210	-5.1	-3.3
February	1.275	3.3	1.9
January	1.234	-1.4	-1.4

*On 18 April 2008, the Company was amalgamated with Marwyn Value Investors Limited. Details of the amalgamation can be found on the website at www.marwynvalue.com.

Enquiries to:

Fortis Fund Services (Guernsey) Limited
PO Box 119
Martello Court
Admiral Park

St Peter Port

Guernsey GY1 3HB

 

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