Net Asset Value(s)

RNS Number : 3688P

Merchants Trust PLC

17 February 2016

 

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 16 February 2016:

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 417.33p.

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 396.88p.

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 423.88p.

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 403.42p.

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]

17 February 2016

 

END

 

 

NAVLLFLSFVIDLIR