Source - RNS
RNS Number : 4743T
Merchants Trust PLC
12 October 2017
 

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 on 11 October 2017:

 

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 529.51p.

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 507.49p.

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 538.85p.

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 516.83p.

 

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 BBB UK corporate bond yields over gilt yields.

 

Enquiries:

Kirsten Salt

Tel: 020 3246 7513

12 October 2017

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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