Net Asset Value(s)

RNS Number : 6982N

Majedie Investments PLC

01 February 2016

 

MAJEDIE INVESTMENTS PLC

The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 31

January 2016 was as follows:

With debentures at par value: 271.46 pence per share

The debentures at fair value: 254.89 pence per share

The shares and net asset value per share traded ex the full year dividend of 5.0p per share on 15^th January 2016.

The net asset value published is on a cum‑income basis (calculated using income and expenditure estimates).

Additionaly the net asset value is calculated on 53,408,000 ordinary shares, being the number of shares in issue.

The fair value of debentures is calculated by using the yield of UK Treasury Bonds of an equal duration plus 2.5% risk

premium. The Board sees this mechanism as transparent, market related and consistent with best practice.

01 February 2016

 

END

 

 

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