MRCH Merchants Trust Plc

TIDMMRCH

RNS Number : 6649N

Merchants Trust PLC

21 January 2019

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 18 January 2019:

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 477.44p.

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 459.29p.

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 491.80p.

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 473.66p.

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

21 January 2019

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

NAVLLFEFLSILFIA

(END) Dow Jones Newswires

January 21, 2019 07:57 ET (12:57 GMT)

Merchants (LSE:MRCH)
Historical Stock Chart
From May 2024 to Jun 2024

Merchants (LSE:MRCH)
Historical Stock Chart
From Jun 2023 to Jun 2024