Net Asset Value(s)

RNS Number : 3249T

Merchants Trust PLC

02 October 2014

 



The Merchants Trust plc

As recommended by the AIC, 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 October 2014:

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 480.00p.

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 455.54p.

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 492.78p.

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 468.32p.

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.

Enquiries: 

Kirsten Salt

Tel: [phone]

2 October 2014

 

END

 

 

NAVLLFSVIVLFIIS