MAJEDIE INV PLC — Net Asset Value 2018

Dec 11, 2018

National Storage Mechanism | Additional information

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RNS Number : 1337K

Majedie Investments PLC

11 December 2018

Majedie Investments PLC

Legal Entity Identifier: 2138007QEY9DYONC2723

11 December 2018

Net Asset Value (NAV)

The unaudited consolidated net asset value per share at the close of business on 10 December 2018 was as follows:

With debentures at par value: 315.55 per share

With debentures at fair value: 306.79 per share

The net asset value published is on a cum-income basis and the net asset value is calculated on 53,439,000 ordinary shares, being the number of shares in issue.

The fair value of March 2025 debenture 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.

Enquiries

William Barlow

Majedie Investments PLC

Ph: 020 7382 8185

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