Merchants Trust PLC Net Asset Value(s)

RNS Number : 6924G

Merchants Trust PLC

02 October 2024

 

 

The Merchants Trust PLC

 

LEI: 5299008VJFXCUD2EG312

 

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.

 

The Merchants Trust PLC announces that at close of business 01 October 2024:

 

1)   based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 560.88p.

2)   based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 569.01p.

3)   based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 577.85p.

4)   based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 585.98p.

 

In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.

 

Enquiries:

Kirsten Salt

Tel: [phone]

02 October 2024

 

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