REG - Lowland Inv. Co. - Net Asset Value(s)

Lowland InvestmentAnnouncement

18/03/2024 17:15

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RNS Number : 3028H  Lowland Investment Co PLC  18 March 2024
 Trust Name                             LOWLAND INVESTMENT COMPANY PLC

 Legal Entity Identifier                2138008RHG5363FEHV19

 NAV Details                            As at close of business on 15 March 2024, the unaudited net asset value per
                                        share calculated in accordance with the AIC formula (including current
                                        financial year revenue items) was 132.3p and the net asset value per share
                                        with debt marked at fair value as 134.4p.

                                        As at close of business on 15 March 2024, the unaudited net asset value per
                                        share (excluding current financial year revenue items) was 130.9p and the net
                                        asset value per share with debt marked at fair value was 133.0p.

                                        Debt marked at fair value is the Company's estimate of the "fair value" of its
                                        senior unsecured notes. The current estimated fair value of the Company's
                                        senior unsecured notes is based on a discount rate calculated using the
                                        redemption yield of the relevant existing UK Gilt plus a credit spread. The
                                        discount rate is calculated and updated monthly and applied daily to
                                        determine the Company's published fair value NAVs.

 For further information, please call:  Wendy King

                                        Janus Henderson Investors

                                        Telephone: 020 7818 1818

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