Source - RNS
RNS Number : 5902T
Merchants Trust PLC
13 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 12 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 531.39p.

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 509.37p.

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 541.34p.

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 519.32p.

 

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

13 October 2017

 

 

 

 


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