Majedie Investments PLC Net Asset Value(s) (3225Q)
November 28 2016 - 6:20AM
UK Regulatory
TIDMMAJE
RNS Number : 3225Q
Majedie Investments PLC
28 November 2016
MAJEDIE INVESTMENTS PLC
The unaudited consolidated net asset value of the Ordinary
shares of the Company at the close of business on 25 November 2016
was as follows:
With debentures at par value: 316.52 per share
With debentures at fair value: 300.89 per share
The net asset value published is on a cum-income basis
(calculated using income and expenditure estimates). Additionally
the net asset value is calculated on 53,439,000 ordinary shares,
being the number of shares in issue.
The fair value of debentures is calculated by using the yield of
UK Treasury Bonds of an equal duration plus a 2.5% risk premium.
The Board sees this mechanism as transparent, market related and
consistent with best practice.
28 November 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVLLFLFLALTFIR
(END) Dow Jones Newswires
November 28, 2016 07:20 ET (12:20 GMT)
Majedie Investments (LSE:MAJE)
Historical Stock Chart
From Apr 2024 to May 2024
Majedie Investments (LSE:MAJE)
Historical Stock Chart
From May 2023 to May 2024