Alliance Trust PLC Alliance Trust Plc : Net Asset Value(s)

 
TIDMATST 
 
   ALLIANCE TRUST PLC 
 
 
 
   At the close of business on Thursday 14 December 2017: 
 
   The Company's NAV per ordinary share, valued on a bid price basis with 
Debt at Par, was 
 
   -       excluding income, 780.8p 
 
   -       including income, 784.2p 
 
 
 
   The Company's NAV per ordinary share, valued on a bid price basis with 
Debt at Fair Value, was 
 
   -       excluding income, 774.8p 
 
   -       including income, 778.2p 
 
   For further information, please contact:- 
 
 
 
 
Alliance Trust PLC 
Tel. [phone] 
 
 
   Notes 
 
 
   1. Net Asset Values are calculated in accordance with published accounting 
      policies and AIC guidelines. 
 
   2. The fair value of the Company's fixed loan notes is calculated by 
      reference to a benchmark gilt. 
 
   3. The dividend of 3.29p, due to be paid on 2 January 2018, has been 
      deducted from each of the 'including income' figures cited above as from 
      7 December 2017, being the date upon which the Company's shares went 
      ex-dividend. 
 
   4. Correction to Previous Ex Income NAV's - on the 9th March 2017 an error 
      occurred in the accounting of the transfer of undistributed prior year 
      revenue from income to capital as part of the 2016 year-end closedown 
      process.  This resulted in the published NAV excluding income price being 
      undervalued for the period from 9th March 2017 to 6th December 2017, with 
      a maximum impact of 42.9 bps occurring on 19th April 2017. The error was 
      corrected on the 7th December 2017. For the avoidance of doubt, the NAV 
      including income figure (by reference to which the Board has considered 
      utilising its share buyback powers) has been correctly stated at all 
      times. The correct series of data is available from the Company on 
      request. 
 
 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Alliance Trust PLC via Globenewswire 
 
 
  http://www.alliancetrusts.com 
 

(END) Dow Jones Newswires

December 15, 2017 08:52 ET (13:52 GMT)

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