Net Asset Value(s)

RNS Number : 8793Y
Marwyn Value Investors Limited
11 July 2008
 



09 July 2008

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 £1.0868 as at 30 June 2008. 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 30 June 2008, the share price of an ordinary share in the Company represented a discount of 25.00% to the net asset value per ordinary share. 


As at 30 June 2008, 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 (%)
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
2007
 
 
 
December
1.251
1.2
20.1
November
1.236
0.1
18.8
October
1.235
4.3
18.7
September
1.184
1.0
13.8
August
1.173
-4.2
12.7
July
1.225
0.2
17.6


*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 (GuernseyLimited
PO Box 119
Martello Court
Admiral Park
St Peter Port
Guernsey GY1 3HB

This information is provided by RNS
The company news service from the London Stock Exchange
 
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