Net Asset Value(s)

RNS Number : 4040Z

Merchants Trust PLC

21 September 2009

 



The Merchants Trust plc

As recommended by the AIC, with effect from 1 June 2008, net asset values are calculated on both a capital and a cum-income basis.

The Merchants Trust PLC announces that at close of business on 18 September 2009:

• based on the book value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 364.65p.

• based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 340.76p.

• based on the book value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 374.21p.

• based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 350.32p.

The market values of the company's long term debt and preference shares are updated monthly.  From 31 March 2009, the market values are based on prices estimated by Evolution Securities.  It is believed that the new pricing source better reflects prevailing market conditions.  

Enquiries:  

Kirsten Salt

Tel: [phone]

21 September 2009

 

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