Net Asset Value(s)

RNS Number : 7260R
Merchants Trust PLC
05 May 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 1 May 2009:


  • based on the book value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 287.37p.

  • based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 276.18p.

  • 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 293.95p.

  • 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 282.76p.


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

5 May 2009



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