MRCH Merchants Trust Plc

TIDMMRCH

RNS Number : 7215B

Merchants Trust PLC

24 September 2018

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 21 September 2018:

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                   534.01p. 

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                   514.22p. 

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                  549.57p. 

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                 529.79p. 

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

24 September 2018

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END

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