Net Asset Value(s)

RNS Number : 1267Q
Merchants Trust PLC
03 April 2009
 
The Merchants Trust plc
 
As recommended by the AIC, with effect from 1 June 2008, 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 2 April 2009:
 
1)   based on the book value of the company’s long term debt and preference shares, the capital net asset value per ordinary share was 270.59p.
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 257.44p.
3)   based on the book value of the company’s long term debt and preference shares, the cum-income net asset value per ordinary share was 285.32p.
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 272.17p.
 
 
The market values of the company’s long term debt and preference shares are updated monthly. From 31 March 2009, the market values are based on prices estimated by Evolution Securities. It is believed that the new pricing source better reflects prevailing market conditions. 
 
 
Enquiries: 
Kirsten Salt
Tel: 020 7065 1513
3 April 2009
 
 
 

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