Marwyn Value Investors Limited announced the resignations of Ronald Hobbs (Independent Non-Executive Director) and Louisa Bonney (Non-Executive Director) with immediate effect and also announces the appointment, with immediate effect, of two new Directors: Victoria Webster (Independent Non-Executive Director) Victoria is a member of the Institute of Chartered Accountants in England and Wales having qualified with PricewaterhouseCoopers. Peter Rioda (Independent Non-Executive Director):- Peter is a qualified chartered accountant and independent non-executive director with over 25 years of industry experience who specialises in the establishment and management of alternative investment funds. Three-quarters of the Board are now independent non-executive Directors, all of whom are also considered to be independent of the Manager. Martin Adams has been appointed Senior Independent Director. Victoria Webster and Peter Rioda have been appointed to the Audit, Nomination and Remuneration Committees, with Victoria appointed as chair of the Audit Committee. All committees now comprise a majority of independent non-executive Directors.