Net Asset Value(s)

RNS Number : 3908C

Majedie Investments PLC

27 June 2016

 

MAJEDIE INVESTMENTS PLC The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 24 June 2016 was as follows: With debentures at par value: 280.81 pence per share The debentures at fair value: 263.31 pence per share The shares and net asset value per share traded ex the interim dividend of 3.0p per share on 16th June 2016. The net asset value published is on a cum‑income basis (calculated using income and expenditure estimates). Additionaly the net asset value is calculated on 53,439,000 ordinary shares, being the number of shares in issue. 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. 27 June 2016

 

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