Net Asset Value(s)

RNS Number : 4657E

Brunner Investment Trust PLC

09 April 2014

 



The Merchants Trust plc

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 on 8 April 2014:

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 502.87p.

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 479.86p.

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 514.44p.

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 491.43p.

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 BBB UK corporate bond yields over gilt yields.

Enquiries: 

Kirsten Salt

Tel: [phone]

9 April 2014

 

END

 

 

NAVBXGDSSUGBGSC