Net Asset Value(s)

RNS Number : 6233W

Majedie Investments PLC

10 November 2014

 

MAJEDIE INVESTMENTS PLC

The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 07

November 2014 was as follows:

With debentures at par value: 241.45 pence per share

The debentures at fair value: 225.58 pence per share

The net asset value published is on a cum‑income basis (calculated using income and expenditure estimates). The

fair value of debentures is calculated by using the yield of UK Treasury Bonds of an equal duration plus 2.5% risk

premium. The Board sees this mechanism as transparent, market related and consistent with best practice.

10 November 2014

 

END

 

 

NAVLLFIELLLILIS