Company Announcements

Net Asset Value(s)

Source: RNS
RNS Number : 8998M
Majedie Investments PLC
11 January 2019
 

 

 

Majedie Investments PLC

 

Legal Entity Identifier: 2138007QEY9DYONC2723

 

11 January 2019

 

Net Asset Value (NAV)

 

The unaudited consolidated net asset value per share at the close of business on 10 January 2019 was as follows:

 

With debentures at par value: 311.52 per share

 

With debentures at fair value: 303.15 per share

 

The net asset value published is on a cum-income basis, is ex the 2018 final dividend of 7.00p per share, and the net asset value is calculated on 53,439,000 ordinary shares, being the number of shares in issue.

 

The fair value of March 2025 debenture is calculated by using the yield of UK Treasury Bonds of an equal duration plus a 2.5% risk premium.  The Board sees this mechanism as transparent, market related and consistent with best practice.

 

 

 

 

Enquiries

William Barlow

Majedie Investments PLC

Ph: 020 7382 8185


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
 
 
NAVLLFFLLDILLIA