Net Asset Value(s)

RNS Number : 4518I
Majedie Investments PLC
30 August 2016
 

MAJEDIE INVESTMENTS PLC

 

The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 26 August 2016 was as follows:

 

With debentures at par value: 303.28 pence per share

 

The debentures at fair value: 284.31 pence per share

 

 

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 53,439,000 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.

 

30 August 2016

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NAVLLFEVTFIIVIR
UK 100

Latest directors dealings