Company Announcements

Net Asset Value(s)

Source: RNS
RNS Number : 7700D
Merchants Trust PLC
11 October 2018
 

The Merchants Trust PLC

 

LEI: 5299008VJFXCUD2EG312

 

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.

 

The Merchants Trust PLC announces that at close of business 10 October 2018:

 

1)   based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was  505.08p.

2)   based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was  487.48p.

3)   based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was  515.35p.

4)   based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was  497.75p.

 

In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.

 

Enquiries:

Kirsten Salt

Tel: 020 3246 7513

11 October 2018

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NAVLLFFLIRLLLIT