Lowland Investment Co PLC Net Asset Value(s) (3813A)

TIDMLWI

RNS Number : 3813A

Lowland Investment Co PLC

23 May 2023

 
 Trust Name                 LOWLAND INVESTMENT COMPANY PLC 
 Legal Entity Identifier    2138008RHG5363FEHV19 
 NAV Details                As at close of business on 22 May 2023, the unaudited 
                             net asset value per share calculated in accordance 
                             with the AIC formula (including current financial 
                             year revenue items) was 134.1p and the net asset 
                             value per share with debt marked at fair value 
                             as 135.9p. 
 
                             As at close of business on 22 May 2023, the unaudited 
                             net asset value per share (excluding current 
                             financial year revenue items) was 131.8p and 
                             the net asset value per share with debt marked 
                             at fair value was 133.6p. 
 
                             Debt marked at fair value is the Company's estimate 
                             of the "fair value" of its senior unsecured notes. 
                             The current estimated fair value of the Company's 
                             senior unsecured notes is based on a discount 
                             rate calculated using the redemption yield of 
                             the relevant existing UK Gilt plus a credit spread. 
                             The discount rate is calculated and updated monthly 
                             and applied daily to determine the Company's 
                             published fair value NAVs. 
 For further information,   Wendy King 
  please call:               Janus Henderson Investors 
                             Telephone: [phone] 
 
 

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 [e-mail] 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

NAVFLFELEDIVFIV

(END) Dow Jones Newswires

May 23, 2023 08:04 ET (12:04 GMT)