Last checked at 7 Jun 2019 12:33
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 06 June 2019:
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 485.29p.
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 463.33p.
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 499.16p.
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 477.19p.
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: 020 3246 7513
07 June 2019