Net Asset Value(s)

RNS Number : 8478U
Majedie Investments PLC
08 April 2021
 

 

 

Majedie Investments PLC

 

Legal Entity Identifier: 2138007QEY9DYONC2723

 

8 April 2021

 

Net Asset Value (NAV)

 

The unaudited net asset value per share at the close of business on 7 April 2021 was as follows:

 

With debentures at par value: 300.15 per share

 

With debentures at fair value: 293.30 per share

 

The net asset value published is on a cum-income basis and the net asset value is calculated on 53,013,887 ordinary shares, being the number of shares in issue.

 

The fair value of the March 2025 debenture is calculated by using the yield of UK Treasury Bonds of an equal duration plus a 2.5% risk premium.  The Board sees this mechanism as transparent, market related and consistent with best practice.

 

 

 

 

Enquiries

William Barlow

Majedie Investments PLC

Ph: 020 7382 8185

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