Net Asset Value(s)

RNS Number : 9488B

Majedie Investments PLC

12 January 2015

 



MAJEDIE INVESTMENTS PLC The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 09 January 2015 was as follows: With debentures at par value: 261.12 pence per share The debentures at fair value: 242.59 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.

12 January 2015

 

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