MRCH Merchants Trust Plc

TIDMMRCH

RNS Number : 7255K

Merchants Trust PLC

23 September 2016

The Merchants Trust PLC

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 on 22 September 2016:

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 483.13p.

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 453.04p.

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 496.03p.

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 465.94p.

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 BBB UK corporate bond yields over gilt yields.

Enquiries:

Kirsten Salt

Tel: 020 3246 7513

23 September 2016

This information is provided by RNS

The company news service from the London Stock Exchange

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September 23, 2016 10:01 ET (14:01 GMT)

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