MRCH Merchants Trust Plc

TIDMMRCH

RNS Number : 8689M

Merchants Trust PLC

18 October 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 17 October 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 483.33p.

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 454.85p.

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 491.23p.

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 462.76p.

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

18 October 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

NAVLLFVSIFLTLIR

(END) Dow Jones Newswires

October 18, 2016 10:35 ET (14:35 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