Launch of three new acquisition companies

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

LEI: 213800L5751QTTVEA774

4 DECEMBER 2020

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

 Launch of three new acquisition companies

The Company announces the admission to the standard segment of the Official List and to trading on the London Stock Exchange's Main Market of three new UK listed acquisition companies, Marwyn Acquisition Company I Limited, Marwyn Acquisition Company II Limited, and Marwyn Acquisition Company III Limited (together, the "New Acquisition Companies").

The current economic environment in the UK, Europe and North America has created strong demand for investment and innovation to back and develop companies that have the potential to grow through the transformational change taking place across a range of sectors. In order to continue the implementation of its investment strategy, Marwyn has developed an efficient listed acquisition company model that will enable trusted and successful management partners to identify value enhancing opportunities before raising additional capital.

The New Acquisition Companies will be agile in their investment approach and currently plan to explore opportunities across the Media & Entertainment, Technology & Software, Consumer E-commerce, Healthcare & Diagnostics and B2B Services.

In particular, with the support of the Marwyn team, the New Acquisition Companies will each target businesses that are positioned to take advantage of the structural change arising from an unprecedented acceleration of digitalisation, affecting the way people live, work and consume, and the way businesses operate, engage and sell to customers.

The New Acquisition Companies have each been backed by investment from a number of senior executives of previous successful acquisition companies launched by Marwyn (the "Manager Investors"). The Company is able to benefit from the long-standing relationships developed by Marwyn and from the Manager Investors' expertise as partners, advisors and investors to help build businesses in the public markets.

The Manager¹ believes that the structure of the New Acquisition Companies represents a significant improvement on conventional listed acquisition vehicles, allowing for greater speed and flexibility in financing and execution combined with lower operating and transaction costs.

Funds managed by Marwyn² have invested £525,000 into each of the New Acquisition Companies, representing, in each case, 75% of the ordinary equity and warrants. Additionally, funds managed by the Manager have entered into Forward Purchase Agreements with each of the New Acquisition Companies to subscribe, on a discretionary basis, up to a further £20 million for securities, which may be drawn for working capital, to fund due diligence and/ or as part of future share issuances to finance platform acquisitions.

The total investment attributable to the Company's Ordinary shares will initially be an aggregate of £1,206,230, representing 1.37% of the Ordinary share net asset value ("NAV"), measured at 20 November 2020, being the latest available NAV published by the Company. None of the investment is attributable to the Realisation shares.

¹ Marwyn Asset Management Limited.

² Marwyn Value Investors II LP and MVI II Co-Invest LP.

Company enquiries:

Scott Danks / Louisa Bonney

Telephone: 07700 720303

Gillian Martin / Richard Bootle / Owen Matthews

Liberum Capital Limited

Telephone: 020 3100 2200

PR enquiries:

Alex Child-Villiers / Will Barker

Temple Bar Advisory Limited

Telephone: 07795 425580 / 07827 960151

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

A copy of this announcement will be available on the Company's website at www.marwynvalue.com/company-information/rns. 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.

This announcement may include "forward-looking statements". All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the Company's products and services) are forward-looking statements. Forward-looking statements are subject to risks and uncertainties and accordingly the Company's actual future financial results and operational performance may differ materially from the results and performance expressed in, or implied by, the statements. These factors include but are not limited to those described in the formal Prospectus. These forward-looking statements speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the Financial Services and Markets Act 2000, or other applicable laws, regulations or rules.