Merchants Trust PLC Net Asset Value(s) (5645O)
June 01 2020 - 7:48AM
UK Regulatory
TIDMMRCH
RNS Number : 5645O
Merchants Trust PLC
01 June 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 29
May 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 394.24p.
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 373.92p.
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 400.16p.
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 379.83p.
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
01 June 2020
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END
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