Merchants Trust PLC — Net Asset Value 2020

Feb 11, 2020

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6547C

Merchants Trust PLC

11 February 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 10 February 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  543.41p.

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  524.89p.

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  552.32p.

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 533.80p.

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

11 February 2020

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

NAVFLFVFFDILLII