Merchants Trust PLC Net Asset Value(s) (2027A)
January 17 2020 - 6:30AM
UK Regulatory
TIDMMRCH
RNS Number : 2027A
Merchants Trust PLC
17 January 2020
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 16
January 2020:
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 551.97p.
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 536.94p.
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 567.18p.
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 552.16p.
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
17 January 2020
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
NAVFLFFFLTIDLII
(END) Dow Jones Newswires
January 17, 2020 07:30 ET (12:30 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