Net Asset Value(s)

RNS Number : 5182A

Majedie Investments PLC

22 December 2014

 



MAJEDIE INVESTMENTS PLC

The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 19 December 2014 was as follows: With debentures at par value: 266.22 pence per share The debentures at fair value: 248.90 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.

22 December 2014

 

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