Top Movers

Company Announcements

Net Asset Value(s)

Related Companies

By LSE RNS

RNS Number : 0955A
Majedie Investments PLC
21 March 2017
 

 

 

Majedie Investments PLC

 

Legal Entity Identifier: 2138007QEY9DYONC2723

 

21 March 2017

 

Net Asset Value (NAV)

 

The unaudited consolidated net asset value per share at the close of business on 20 March 2017 was as follows:

 

With debentures at par value: 333.62 per share

 

With debentures at fair value: 317.70 per share

 

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

 

The fair value of debentures 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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NAVLLFFVVFILFID

Top of Page