Menu Search

Company Announcements

Majedie Investments Plc

Mid-Month Estimated Net Asset Value

Source: RNS
RNS Number : 7331J
Majedie Investments PLC
25 October 2024
 

 

 

Majedie Investments PLC

 

Legal Entity Identifier: 2138007QEY9DYONC2723

 

25 October 2024

 

Mid-Month Estimated Net Asset Value (NAV)

 

The unaudited net asset value estimate per share at the close of business on 18 October 2024 was as follows:

 

With debentures at par value: 288.30 per share

 

With debentures at fair value: 288.28 per share

 

The net asset value published is on a cum-income basis and the net asset value is calculated on 52,998,795 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

Juniper Partners

Company Secretary

Ph: 0131 378 0500

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NAVUVASRSOURUAA