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 August 2023
This announcement contains inside information.
Marwyn Value Investors Limited ("MVIL" or the "Company")
Le Chameau - Follow on Investment
The Company is pleased to announce that funds managed by Marwyn Investment Management LLP have made a £5 million follow-on investment into Silvercloud Holdings Limited ("Silvercloud"), through which the investment in Le Chameau is held (www.lechameau.com). These funds are principally intended to enable Silvercloud to invest in and support the next phase of Le Chameau's expansion plans.
James Corsellis, Chief Investment Officer of Marwyn commented, "Following growth over the last three years, we are delighted to be able support Le Chameau's expansion plans looking forward to its centenary year in 2027."
Company enquiries:
Company Secretary - Aztec Financial Services (Jersey) Limited
Chris Copperwaite / Magdala Mullegadoo
01534 833000
Investor Relations
Kam Bansil
020 7039 1901
PR Adviser - FGS Global
Rollo Head 07768 994987
Chris Sibbald 07855 955531
Corporate Broker - Liberum Capital Limited
Chris Clarke / Owen Matthews
0203 100 2200
Shares in the Company are not designed or intended for retail investors. Marwyn Investment Management LLP, the Manager, does not promote shares in the Company to retail investors and they should not be offered to retail investors.
This announcement contains inside information for the purposes of Article 7 of the UK version of EU Regulation 596/2014 which forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"), and is disclosed in accordance with the Company's obligations under MAR. The person responsible for making this announcement is Robert Ware, Chairman, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
