Net Asset Value(s)

RNS Number : 1890J

Merchants Trust PLC

26 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 23 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 519.45p.

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 493.90p.

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 533.07p.

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 507.52p.

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]

26 June 2017

 

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