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CTY City Of London Investment Trust Plc

405.00
1.50 (0.37%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
City Of London Investment Trust Plc LSE:CTY London Ordinary Share GB0001990497 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 0.37% 405.00 405.00 405.50 405.50 403.50 403.50 1,515,348 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 74.86M 61.41M 0.1222 33.18 2.04B

City of London Investment Trust PLC Net Asset Value(s) (7894G)

28/07/2021 12:48pm

UK Regulatory


TIDMCTY

RNS Number : 7894G

City of London Investment Trust PLC

28 July 2021

 
 
   Trust Name                 THE CITY OF LONDON INVESTMENT TRUST PLC 
 Legal Entity Identifier    213800F3NOTF47H6AO55 
 NAV Details                As at close of business on 27 July 2021, the 
                             unaudited net asset value per share calculated 
                             in accordance with the AIC formula (including 
                             current financial year revenue items) was 391.2p 
                             and the net asset value per share with debt marked 
                             at fair value was 387.6p. 
 
                             As at close of business on 27 July 2021, the 
                             unaudited net asset value per share (excluding 
                             current financial year revenue items) was 387.9p 
                             and the net asset value per share with debt marked 
                             at fair value was 384.3p. 
 
                             Debt marked at fair value is the Company's estimate 
                             of the "fair value" of its senior secured notes. 
                             The current estimated fair value of the Company's 
                             senior secured notes is based on a discount rate 
                             calculated using the redemption yield of the 
                             relevant existing UK Gilt plus a credit spread 
                             determined by the difference in redemption yields 
                             between the ICE BofAML 5-10 Year A Sterling Non-Gilt 
                             Index and the ICE BofAML 5-10 Year UK Gilt Index 
                             for the 4.53% senior secured 2030 notes, and 
                             the spread between the redemption yield of the 
                             ICE BofAML 15+ Year A Sterling Non-Gilt Index 
                             and the ICE BofAML 15+ Year UK Gilt Index for 
                             the 2.67% senior secured 2046 notes and 2.94% 
                             senior secured 2049 notes. The discount rate 
                             is calculated and updated at each month-end and 
                             applied daily to determine the Company's published 
                             fair value NAVs. In addition, evidence of issues 
                             in the private placement market may be taken 
                             into consideration where spreads significantly 
                             diverge from those in the public market. 
 For further information,   Wendy King 
  please call:               Janus Henderson Investors 
                             Telephone: 020 7818 1818 
 
 

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END

NAVFVLFLFDLZBBZ

(END) Dow Jones Newswires

July 28, 2021 07:48 ET (11:48 GMT)

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