Marwyn Value Investors Limited Implementation of Distribution Policy (8716L)
15 January 2021 - 11:00PM
UK Regulatory
TIDMMVI
RNS Number : 8716L
Marwyn Value Investors Limited
15 January 2021
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
15 January 2021
Marwyn Value Investors Limited ("MVIL" or the "Company")
Implementation of Distribution Policy
Further to the announcement made by the Company on 16 December
2020, where the Company announced the intention to satisfy its
Ordinary Share Distribution Policy (the "Policy") by distributing
at least fifty per cent. by way of dividends, with the remainder by
way of share buybacks, the board of directors of the Company (the
"Board") has sought feedback on the implementation of the policy
from significant shareholders.
As a result of these discussions, the Board has determined that,
at this time, the most suitable method through which to satisfy the
Policy is to distribute the full amount required as dividends.
Accordingly, the Board has resolved that, until further notice, all
distributions under the Policy will be made through dividend
payments on a quarterly basis.
A further announcement detailing the timing and amount of the
first quarterly dividend of 2021 will be made in due course.
The Board will continue to assess the means by which the policy
is implemented on a regular basis in conjunction with feedback from
shareholders.
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
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