Majedie Investments PLC Net Asset Value(s) (8776N)
31 October 2016 - 11:23PM
UK Regulatory
TIDMMAJE
RNS Number : 8776N
Majedie Investments PLC
31 October 2016
MAJEDIE INVESTMENTS PLC
The unaudited consolidated net asset value of the Ordinary
shares of the Company at the close of business on 28 October 2016
was as follows:
With debentures at par value: 321.18 per share
With debentures at fair value: 304.97 per share
The net asset value published is on a cum-income basis
(calculated using income and expenditure estimates). Additionally
the net asset value is calculated on 53,439,000 ordinary shares,
being the number of shares in issue.
The fair value of debentures 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.
31 October 2016
This information is provided by RNS
The company news service from the London Stock Exchange
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October 31, 2016 08:23 ET (12:23 GMT)
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