Net Asset Value(s)

RNS Number : 5699H

Merchants Trust PLC

08 June 2017

 

The Merchants Trust PLC

LEI: 5299008VJFXCUD2EG312

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 7 June 2017:

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 517.33p.

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 492.59p.

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 530.77p.

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 506.02p.

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]

8 June 2017

 

END

 

 

NAVLLFSFRLITIID