Net Asset Value(s)

Brunner Investment Trust PLC

07 July 2023

 

The Brunner Investment Trust PLC

LEI: 529900S0Y9ZINCHB3O93

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

The Brunner Investment Trust PLC announces that at close of business 05 July 2023:

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 1170.80p.

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 1191.85p.

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 1181.59p.

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 1202.64p.

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.

The cum-income net asset values, both with market value of the debt and par value of the debt, previously announced were accurate. However, it has been discovered that due to human error the capital only net asset values announced, both with market value of the debt and par value of the debt, for the period from 11 May 2023 to 4 July 2023 were understated. This error has now been corrected and the values stated above for capital only net asset values are accurate.

Enquiries:

Kirsten Salt

Tel: [phone]

06 July 2023

 

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