Net Asset Value(s)
Source: RNS
The Merchants Trust PLC
LEI: 5299008VJFXCUD2EG312
As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.
The Merchants Trust PLC announces that at close of business 17 September 2024:
1) based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 573.31p.
2) based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 581.32p.
3) based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 588.14p.
4) 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 596.15p.
In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.
Enquiries:
Kirsten Salt
Tel: 020 3246 7513
18 September 2024
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