Net Asset Value(s)

RNS Number : 6370B

Merchants Trust PLC

11 January 2018

 

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 10 January 2018:

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 546.32p.

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 525.35p.

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 559.16p.

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 538.19p.

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]

11 January 2018

 

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