TIDMMAJE

RNS Number : 7989U

Majedie Investments PLC

31 July 2020

Majedie Investments PLC

Legal Entity Identifier: 2138007QEY9DYONC2723

31 July 2020

Net Asset Value (NAV)

The unaudited net asset value per share at the close of business on 30 July 2020 was as follows:

With debentures at par value: 249.52 per share

With debentures at fair value: 240.87 per share

The net asset value published is on a cum-income basis and the net asset value is calculated on 53,014,319 ordinary shares, being the number of shares in issue. It also includes the 30 June 2020 quarterly valuation in respect of the holding in Majedie Asset Management Limited which was announced this morning.

The fair value of March 2025 debenture 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.

Enquiries

William Barlow

Majedie Investments PLC

Ph: 020 7382 8185

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

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(END) Dow Jones Newswires

July 31, 2020 07:50 ET (11:50 GMT)

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