REG - Merchants Trust. - Net Asset Value(s)

Merchants TrustAnnouncement

12/04/2024 13:15

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RNS Number : 4871K  Merchants Trust PLC  12 April 2024

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 11 April 2024:

 

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 528.63p.

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 536.26p.

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 545.18p.

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 552.81p.

 

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

12 April 2024

 

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