Net Asset Value(s)

RNS Number : 0020R

Merchants Trust PLC

03 March 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 2 March 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 448.33p.

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 428.95p.

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 456.83p.

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 437.46p.

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]

3 March 2016

Allianz Technology Trust PLC

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.  The cum-income net asset value reflects the revenue deficit for the year to date.

Allianz Technology Trust PLC announces that at close of business on 2 March 2016 excluding shares held in treasury:

1)   the capital only net asset value per ordinary share was 640.68p and

2)   the cum-income net asset value per ordinary share was 640.03p.

The Company currently holds ordinary shares in treasury which have not been taken into account to dilute the net asset value calculation above and are not part of the total voting rights of the Company.  Changes to the number of shares held in treasury are announced when such changes occur.

Enquiries:

Tracey Lago

Tel: [phone]

3 March 2016

 

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