Merchants Trust PLC Net Asset Value(s) (2513O)
28 May 2020 - 10:07PM
UK Regulatory
TIDMMRCH
RNS Number : 2513O
Merchants Trust PLC
28 May 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 27
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 399.22p.
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 379.00p.
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 404.66p.
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 384.44p.
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
28 May 2020
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END
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