Net Asset Value(s)

RNS Number : 3305X

Merchants Trust PLC

20 February 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 17 February 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 504.34p.

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 481.71p.

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 511.98p.

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 489.36p.

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]

20 February 2017

 

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