Merchants Trust PLC Net Asset Value(s) (7299Z)
May 21 2019 - 7:04AM
UK Regulatory
TIDMMRCH
RNS Number : 7299Z
Merchants Trust PLC
21 May 2019
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 20
May 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 488.51p.
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 466.28p.
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 501.46p.
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 479.23p.
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
21 May 2019
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NAVLLFIFEVILFIA
(END) Dow Jones Newswires
May 21, 2019 08:04 ET (12:04 GMT)
Merchants (LSE:MRCH)
Historical Stock Chart
From Apr 2024 to May 2024
Merchants (LSE:MRCH)
Historical Stock Chart
From May 2023 to May 2024