Lowland Investment Co PLC Net Asset Value(s)

RNS Number : 6820G

Lowland Investment Co PLC

02 October 2024

 

Trust Name	LOWLAND INVESTMENT COMPANY PLC
Legal Entity Identifier	2138008RHG5363FEHV19
NAV Details	As at close of business on 1 October 2024, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 142.1p and the net asset value per share with debt marked at fair value was 144.0p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.   As at close of business on 1 October 2024, the unaudited net asset value per share (excluding current financial year revenue items) was 140.6p and the net asset value per share with debt marked at fair value was 142.5p.   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, please call:	Wendy King Janus Henderson Investors Telephone: [phone]

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